IMF deputy urges Sri Lanka to keep up momentum on economic reforms

Sri Lankan President Ranil Wickremesinghe announces 2023 budget in Colombo

WASHINGTON (Reuters) – Sri Lanka is showing a “strong commitment” to implementing economic reforms but must continue this momentum amid a challenging economic environment, International Monetary Fund Deputy Managing Director Kenji Okamura said on Thursday.

In a statement at the conclusion of his visit to Columbo, Okamura said continued open dialogue with Sri Lanka’s creditors would help reach restructuring agreements that would restore debt sustainability in line with IMF targets for its $3 billion, 40 month loan to the struggling island country.

(Reporting by David Lawder; Editing by Chizu Nomiyama)

Reuters

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