COLOMBO: (Dec 5) The IMF is exploring ways to support Sri Lanka in its recovery process following Cyclone Ditwah, which has caused widespread destruction in the island nation and left over 450 dead.

At a press briefing on Thursday, International Monetary Fund (IMF) spokesperson Julie Kozack said that the Washington-based global lender is “continuing to support Sri Lanka’s recovery, reform, and resilience under the Extended Fund Facility arrangement.”

“Staff and the Sri Lankan authorities reached a Staff–Level Agreement on the Fifth Review back in October, before the cyclone. And right now, Staff is looking into options to further support Sri Lanka in the recovery process,” she said.

Source: PTI News

Leave a Reply

Your email address will not be published. Required fields are marked *