Staff-level agreement with IMF to be reached soon: Sri Lankan Central Bank Governor ...Middle East

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Staff-level agreement with IMF to be reached soon: Sri Lankan Central Bank Governor
COLOMBO: Sri Lanka has made good progress in the negotiations with the International Monetary Fund (IMF), Governor of the Central Bank of Sri Lanka (CBSL) Nandalal Weerasinghe said here on Tuesday night.“I can announce that we have made good progress in the negotiations with the IMF. Hopefully, we will be able to reach the first milestone, a staff-level agreement with the IMF soon. Once we reach that agreement with the IMF, it means that we have a credible programme in our hands,“ he said, reported Xinhua.Weerasinghe said that the agreement will come with important policy reforms that are necessary to stabilise and revitalise the country's economy.He added that the interim budget, presented

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