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IMF says monitoring political and economic developments in Sri Lanka ‘very closely’ -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO: The Worldwide Financial Fund (IMF) emblem is seen exterior the headquarters constructing in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas

COLOMBO (Reuters) – The Worldwide Financial Fund (IMF) mentioned on Tuesday that it’s monitoring political and financial developments in Sri Lanka “very intently” 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 searching for a brand new central financial institution governor.

“IMF workers is trying ahead to program discussions with the authorities, together with throughout the go to of the newly appointed Finance Minister to Washington later this month,” IMF Sri Lanka mission chief Masahiro Nozaki advised Reuters in an emailed assertion.

(Reporting Uditha Jayasinghe, Writing by Devjyot Ghoshal; Enhancing by Kim Coghill)

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