Thursday, 31 December 2015

Sri Lanka may request IMF loan in February: CB Governor

ECONOMYENXT - Sri Lanka may make a formal request for a loan from the International Monetary Fund early next year, Central Bank Governor Arjuna Mahendran said.

Informal discussion on a loan has started already he told reporters in Colombo.

An IMF team was due for regular discussions in February 2016, when a formal request may be made, he said.

At the moment reserves are comfortable he said.

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