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Tuesday, 11 April 2023 08:25

Sri Lanka’s economy on the recovery path - IMF Country Chief Featured

Everyone must join to support the recovery and promote stable and inclusive growth, to tackle the economic challenge Sri Lanka is facing, International Monetary Fund’s (IMF) Senior Mission Chief for Sri Lanka Peter Breuer said.

Speaking in a video on the IMF YouTube channel last Friday on supporting recovery and promoting stable and inclusive growth in Sri Lanka, Peter Breuer said that after years of increasing economic problems and policy mistakes, Sri Lanka has committed rebuild. “The IMF is here to help. The fund has approved about US$ 3 billion over the next four years to support Sri Lanka in this time of need,” he said, in the video. Working with the Fund, the Sri Lankan authorities have put together an ambitious economic recovery program, including reforms to raise the government revenue, stabilize prices, build up foreign reserves and safeguard financial stability, he explained.

Provided by SyndiGate Media Inc. (Syndigate.info).

 

 

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