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Sri Lanka to seek $4 billion IMF assistance

Sri Lanka will look to start talks on a $4 billion dollar loan by sending a high level team to Washington, said the Finance Minister, Ravi Karunanayake, on Thursday.

Speaking to reporters in Colombo, Mr Karunayake, said,

“There is a lot of international goodwill and we can get finance from the IMF and World Bank at 0,5 percent.”

The Central Bank governor Arjuna Mahendran will also be visiting Washington for discussions with the IMF and World Bank, reports The Business Recorder.

Sri Lanka completes payments of $750,000 to former IMF chief DSK (10 Feb 2015)

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