New president of Sri Lanka to resume talks over loan deal with IMF
NEW Sri Lankan President Anura Kumara Dissanayake has vowed to reopen discussions with the International Monetary Fund and foreign creditors to plot a way out of the country’s worst-ever economic crisis.
“We expect to discuss debt restructuring with the relevant parties and complete the process quickly and obtain the funds,” the left-wing leader said on Wednesday.
The future of the economic recovery plan drafted by former president Ranil Wickremesinghe has been called into question by Mr Dissanayake’s victory in last Saturday’s presidential election.
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