IMF monitoring Sri Lanka political and economic developments

By MSV On Apr 6, 2022

Sri Lankan youth shout anti government slogans during a protest demanding president Gotabaya Rajapaksa resign in Colombo, Sri Lanka, Monday, April 4, 2022. Sri Lanka’s president on Monday invited all political parties represented in Parliament to accept ministries after his Cabinet resigned amid public protests over the country’s worst economic crisis in memory that has caused shortages of food, fuel and medicines. (AP Photo/Eranga Jayawardena)

COLOMBO: The International Monetary Fund (IMF) said that it is monitoring political and economic developments in Sri Lanka “very closely” as public unrest in the island nation grows amid its worst economic crisis in decades, Reuters reported.

“IMF staff is looking forward to program discussions with the authorities, including during the visit of the newly appointed Finance Minister to Washington later this month,” IMF Sri Lanka mission chief Masahiro Nozaki told Reuters in an emailed statement.

IMF Sri Lanka