The International Monetary Fund says it is ready to discuss options with Sri Lanka if the government asks for financial support.
Mission Chief Masahiro Nozaki in a written statement to AFP said “While the IMF has not received a request for financial support from Sri Lanka, the staff stands ready to discuss options if requested”.
On Wednesday, Minister of Finance Basil Rajapaksa announced that Sri Lanka sought technical advice from the IMF.
Nozaki said this statement “referred to an ongoing technical assistance mission by the IMF”.
He said “The mission aims to strengthen the Macro Fiscal Unit at the Ministry of Finance and focuses on training staff at the Unit, as part of our capacity development activities. The mission is being conducted virtually until February 9”.
Nozaki added the IMF continues to “closely monitor economic and policy developments in Sri Lanka.
He said a fund team had visited Colombo in December last year as part of the annual bilateral discussions to review economic developments and policies.
A board meeting will be held at the end of February to review the latest economic data from the country.