IMF Chief Georgieva meets with SL President Wickremesinghe

Colombo (LNW): Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF) has held a meeting with Sri Lankan President Ranil Wickremesinghe, too address the ongoing economic issues in the island nation.

The discussion between the two focused on the ongoing reforms in the financial sector and the significant advancements in debt restructuring efforts, a statement by the President’s Media Division said.

The domestic debt restructuring (DDR) process which has already been met with a severe backlash from a number of parties including the Opposition, civil activities and other concerned parties is kept being lauded by the IMF and the Sri Lankan government’s efforts to continue with the DDR process regardless is backed by economic austerity which has already been put on the shoulders of the public.