President to Begin Urgent Negotiations with IMF for Debt Relief

News Today: President Begins Immediate Negotiations with IMF for Debt Relief

President Anura Kumara Dissanayake announced today that the Government of Sri Lanka will initiate immediate negotiations with the International Monetary Fund (IMF). The primary focus of these discussions will be advancing the country’s debt restructuring programme, which is essential for Sri Lanka’s economic recovery.

In his address to the nation, President Dissanayake emphasized the need to engage with relevant creditors to expedite the process and secure necessary debt relief. He expressed confidence in the support of the people and the international community, believing that this collective effort will lead to a successful outcome for Sri Lanka.

The Government aims to work closely with the IMF and creditors to build on recent economic reforms and ensure long-term financial stability. With the country still recovering from one of its worst economic crises, these negotiations are seen as a crucial step toward restoring investor confidence and improving the nation’s financial health.

“We are confident that we can gain the support of both the people of this country and the international community, and we believe that through this collective support, we can achieve success,” the President concluded.