No room to renegotiate IMF program

Friday, 17 January 2025 00:30 - - {{hitsCtrl.values.hits}}

Dr. R.H.S. Samaratunga

Senior Economic Advisor to former President Ranil Wickremesinghe, Dr. R.H.S. Samaratunga speaking at the Daily FT – ACCA and ICC Sri Lanka webinar titled “IMF Agenda: Opportunities and Challenges for Sri Lanka Post-2025,” responded to a question about whether there is room to renegotiate the current IMF program given the tough conditions in the agreement. He noted that there is very little space to make changes to the broader program targets, the program he noted has progressed satisfactorily so far. The program was mutually agreed upon, and therefore, there is no room to revisit it. Dr. Samaratunga emphasised that it is in Sri Lanka’s interest to stay the course within the broad parameters of the program.

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.