Mar 12, 2022

Basil, Cabraal differences clearly evident over IMF officers visiting SL!

Two heads of the International Monetary Fund (IMF) are scheduled to visit Sri Lanka on Monday (14)and again difference of opinions between the Finance Ministry and the Central Bank have become evident.

These two visiting officials are scheduled to meet with the Finance Minister on Monday and then meet the President on Tuesday.

It is learned that the IMF officials are to submit a proposal to the government containing the conditions for granting loan assistance in the future as per a request made by the government of Sri Lanka.

However, the international media has reported that officials of the International Monetary Fund (IMF) are visiting Sri Lanka to restructure the debt.

Basil Rajapaksa too is prepared to discuss the restructuring of loans during the meeting with the visiting IMF officials.

However, in a Twitter message, Central Bank Governor Ajith Nivad Cabraal has said that there would be no discussion regarding the restructuring of loans during the discussions with the IMF officials as reported by the media.

Accordingly, the conflict between the Finance Ministry and the Central Bank is evident even through this incident.

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