President meets IMF team for 2nd consecutive day

October 4, 2024 at 12:20 PM

Discussions between the government and International Monetary Fund (IMF) representatives continued for the second consecutive day today. 

According to the President’s Media Division (PMD), the discussion commenced at the Presidential Secretariat this morning. 

IMF Director of the Asia Pacific Department, Krishna Srinivasan, Senior Mission Chief Dr. Peter Breuer, and other Senior IMF officials, engaged in the discussion with Sri Lankan officials appointed for the talks. 

Through the discussion, President Anura Kumara Dissanayake aims to achieve the IMF targets, while finding alternative means that relieve the burden of the people.

Discussions between the new administration and the IMF commenced yesterday, where President Anura Kumara Dissanayake directly engaged in talks with the IMF representatives. 

During discussions yesterday, President Dissanayake reaffirmed the government’s broad agreement in principle with the objectives of the IMF programme.

The President stated that the government plans to provide relief to those who are struggling due to high VAT and income taxes.

Appreciating President Dissanayake’s willingness to commit to the programme’s goals, the IMF has agreed to discuss the alternative approaches proposed by the Sri Lankan Government. (Newswire)