Central Bank of Sri Lanka (CBSL) Governor P. Nandalal Weerasinghe expressed confidence in Sri Lanka’s International Monetary Fund (IMF) program and debt restructuring efforts, citing positive feedback from the IMF.
He emphasised the need to stay on course with fiscal reforms, governance improvements, and revenue targets.
Weerasinghe also reported significant progress in restructuring euro bonds and bilateral agreements with India, China, and Paris Club members, with Japan already finalizing its deal.
The process is expected to conclude soon.