IMF says monitoring political and financial developments in Sri Lanka ‘very carefully’

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The International Monetary Fund (IMF) mentioned on Tuesday that it’s monitoring political and financial developments in Sri Lanka “very closely” as public unrest within the island nation grows amid its worst financial disaster in many years.

President Gotabaya Rajapaksa on Monday dissolved the cupboard and appointed a brand new finance minister, whereas additionally in search of a brand new central financial institution governor.

“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 instructed Reuters in an emailed assertion.

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With inputs from TheIndianEXPRESS

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