FILE PHOTO: A man shows a thousand rupee note in this illustration photo taken September 7, 2018. REUTERS/Dinuka Liyanawatte/Illustration
March 15, 2022
By Uditha Jayasinghe
COLOMBO (Reuters) -Sri Lanka will start official talks with the International Monetary Fund (IMF) next month, a cabinet spokesman said on Tuesday, as the government seeks to stave off the island nation’s worst economic crisis in years amid growing protests.
“Sri Lanka will begin formal talks with the IMF next month,” spokesman Ramesh Pathirana told reporters, signalling an end to months of reluctance by President Gotabaya Rajapaksa’s government to seek assistance from the global lender.
Pathirana said the government will firm up its plans on IMF assistance in the coming weeks as Finance Minister Basil Rajapaksa prepares to hold discussions with the financial institution in Washington D.C. in…
