IMF says Sri Lanka needs to be on a sustainable debt path

priyade

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  • Dec 2, 2017
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    IMF says Sri Lanka’s debt is unsustainable and it needs to restore debt sustainability before it can get any funds.
    The International Monetary Fund said discussions with Sri Lanka on a potential IMF loan program are at an early stage and any deal would require “adequate assurances” that the island country’s debts can be put on a sustainable path.


    In a statement emailed to the Reuters news agency, IMF Sri Lanka Mission Chief Masahiro Nozaki said that IMF Managing Director Kristalina Georgieva discussed lending options and policy plans with a Sri Lankan delegation on Tuesday.
    Nozaki said the IMF is “very concerned about the current economic crisis in Sri Lanka and hardships suffered by the people, especially the poor and vulnerable”
     

    rangana26

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  • Feb 21, 2013
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    IMF says Sri Lanka’s debt is unsustainable and it needs to restore debt sustainability before it can get any funds.
    The International Monetary Fund said discussions with Sri Lanka on a potential IMF loan program are at an early stage and any deal would require “adequate assurances” that the island country’s debts can be put on a sustainable path.


    In a statement emailed to the Reuters news agency, IMF Sri Lanka Mission Chief Masahiro Nozaki said that IMF Managing Director Kristalina Georgieva discussed lending options and policy plans with a Sri Lankan delegation on Tuesday.
    Nozaki said the IMF is “very concerned about the current economic crisis in Sri Lanka and hardships suffered by the people, especially the poor and vulnerable”
    what did they mean by "

    sustainable debt" ?​

     

    Emios

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  • Dec 10, 2009
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    un kamathi wenne nane ... apita adareta loan dunna ewun nemeine... hira karala rate kali kadaganna ne kale awurud ganaka plan eka... dan sapai saneepai... appachchi iwarai
    Un kela wenna lan wela loan dei loan eka gewanna.ohoma ohoma address nethi wenakanma loan dei.ita passe ratama unge
     

    priyade

    Well-known member
  • Dec 2, 2017
    10,470
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    what did they mean by "

    sustainable debt" ?​

    “An IMF-supported program should be designed to resolve Sri Lanka’s acute balance of payments problems and put the economy back on a sustainable growth path as early as possible,” Nozaki said.