UK to support SL to secure extended financial facility with IMF | Sri Lanka News


The U.K has reiterated that as a member of the Paris Club, it stands ready to consider the necessary Financing Assurances to secure an Extended Financing Facility with the International Monetary Fund (IMF) in a timely manner to Sri Lanka.

“The UK is fully supportive of the proposed Coordination Platform between Sri Lanka's Paris Club and non-Paris Club creditors, which we believe represents the most efficient way to restore debt sustainability in Sri Lanka,” Minister of State (Foreign, Commonwealth and Development Office) Anne-Marie Trevelyan informed UK Parliament on Tuesday.

Constructive engagement across creditors is vital to secure a prompt and comprehensive International Monetary Fund programme for Sri Lanka and ensure a sustainable economic recovery, she further added in response to a question raised by another Parliamentarian.(Sunil Jayasiri)

( Information from dailymirror.lk was used in this report. ALL RESPECT GOES TO ORIGINAL WRITER OF THIS ARTICLE. | Also if you have any problem of this article or if you need to remove this articles, please email here and we will delete this immediately. [email protected] )

Leave a Comment

Share to...