June 12, 2024

The United States Welcomes Sri Lanka’s decision to seek IMF Support

1 min read

During a meeting with President Gotabaya Rajapaksa, United States Ambassador to Sri Lanka and Maldives, Julie Chung has praised the government’s decision to go to the International Monetary Fund (IMF).

She highlighted that it was an important decision for the future of crisis-hit Sri Lanka.

She made these remarks when she called on President Rajapaksa at the Presidential Secretariat yesterday.

The Ambassador commended the assistance given by the Government during the visit of the US State Department’s Under Secretary for Political Affairs Victoria Nuland to Sri Lanka.

Explaining the reasons behind the recent decline in the country’s economy, the President that he was looking forward to the support of the United States in reaching out to the IMF.

Chung assured that the United States Agency for International Development (USAID) would provide credit facilities for Renewable Energy Projects in the country in order to achieve its climate goals.

President Rajapaksa also stated that steps will be taken to provide relief to low-income earners, irrespective of any economic reforms.

Secretary to the President Gamini Senarath, Principal Advisor to President Lalith Weeratunga, Deputy Chief of Mission of the US Embassy in Colombo, Martin Kelly, and Chief Political/Economic Officer Susan Walke were also present at this meeting.

Leave a Reply

Your email address will not be published.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