IMF staff level approval likely within first quarter of this year: Semasinghe

17 January 2023 11:15 am Views - {{hitsCtrl.values.hits}} 3

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State Minister of Finance Shehan Semasinghe expressed hope that Sri Lanka woud be able to get the staff level approval of the International Monetary Fund (IMF) during the first quarter of this year.

He told Parliament that Sri Lanka has begun to receive positive results when it comes to IMF assistance and debt restructuring.

The Minister said the President will make the official announcement once the staff level approval was recieved.

He said this in response to a question by Parliamentarian Premanath C Dolawatte. (Ajith Siriwardana and Yohan Perera)

Comments - 3

sam Tuesday, 17 January 2023 11:35 AM

Staff approval means nothing under the present circumstances

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Ram Tuesday, 17 January 2023 11:39 AM

earlier it was announced before the end of 2022 we will receive IMF bail out. Now March 2023. It is being put off due to politicians failure to accede to IMF conditions

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Sambo Tuesday, 17 January 2023 12:42 PM

I bet you he himself does not know how many times he has said not today but may be tomorrow.

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