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Saturday, 15 April 2017 - 9:15
Special discussions over next IMF Premium
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A special discussion regarding the next premium of the loan assistance worth of US$1.5billion offered by International Monetary Fund has been scheduled to be held in Washington at the end of this month.

Although a group of IMF representatives visited Sri Lanka last month, it has been reported that they have not completed the relevant assessment required for the next premium.

The next premium of the loan would be received when the assessment culminates.

The reason for the incompletion has been the novel reconstructions relevant to the new loan assistance commenced in June last year not being completed.

Accordingly, economists say Sri Lanka would have to thrive more in order to receive relief from the relevant conditions at the special discussion.
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