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Mawratanews.lk | Sri Lanka Latest Sinhala News and Headlines
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Only if China agrees the IMF facility be functional! says the ministry of finance!

February 28, 2023
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Reading Time: 4 mins read
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Only if China agrees the IMF facility be functional! says the ministry of finance!
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The IMF’s loan facility depends on China’s response, the finance ministry said.

A senior spokesperson of the ministry stated that it is his expectation that China will respond favorably in this regard.

The spokesperson mentioned that they are continuously discussing this matter with China.

The Ministry of Finance stated that all the reports to be submitted to the International Monetary Fund have been prepared and that as soon as the loan from China is certified, it will be submitted to the International Monetary Fund.

The ministry’s senior spokesperson said it is expected that approval for the loan facility will be received from the Financial Fund before the end of next month.

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