News Line

    Go to Home Back
Email this to a friend
Printable version
Saturday, June 07, 2014 - 10.19 GMT

IMF says no side agreements with Sri Lanka

 

Sri Lanka has successfully completed the Stand-by Arrangement (SBA) in April 2012 and currently does not have a program with the International Monetary Fund (IMF) the global lender said.

Gerry Rice, Director, IMF Communications Department at the press briefing on Thursday said Sri Lanka has no further side agreements with the Fund.

He was responding to a question raised regarding a statement made by the vice chairman of Sri Lanka's main opposition United National Party (UNP), parliamentarian Lakshman Kiriella asking the Sri Lankan government to reveal the subsidiary agreements entered into with the IMF.

Kiriella urged the government to reveal the several subsidiary agreements it had entered into with the IMF, which impinged on the budgetary allocations for essential services.

The IMF official said the terms and conditions of the SBA, Government's Letter-of-Intent, staff reports and all other documents are published on the IMF website.

 



 

 
 
   
   
    SS
   
   

top

   

Contact Information:: Send mail to priu@presidentsoffice.lk with questions or comments about this web site.
Last modified: June 11, 2014.

Copyright 2008 Policy Research & Information Unit of the Presidential Secretariat of Sri Lanka. All Rights Reserved.