Cabinet briefed on IMF financial facility

The Cabinet has been briefed about the financial facility provided to Sri Lanka by the International Monetary Fund (IMF).

A group of IMF representatives who participated in the meeting of the Cabinet last evening (10) through Zoom technology have briefed the ministers.

The IMF agreed to provide a financial facility of USD 2.9 billion to Sri Lanka which is facing a severe economic crisis.

The IMF representatives have informed the Cabinet about details of the financial facility and the Ministers have been given the opportunity to ask questions.

Meanwhile, MP Patali Champika Ranawaka said that a programme will be implemented next week to inform the MPs about the economic crisis in the country and proposed solutions.