The International Monetary Fund (IMF) has written to Sri Lanka’s new president, stating it looked forward to working with Anura Dissanayake “towards building on the hard-won gains that have helped put Sri Lanka on a path to economic recovery."
The letter from the global body comes as Dissanayake pledged to “renegotiate” a US $3 billion bailout loan that Sri Lanka heavily relies on in the wake of a devastating economic crisis.
“I would like to take this opportunity to assure you that we remain a steadfast partner and stand ready to assist Sri Lanka to achieve its development and reform goals, including under the ongoing IMF-supported program,” said the IMF.