Prime Minister Ranil Wickremesinghe says he is looking forward to reaching a staff-level agreement with the International Monetary Fund and finalizing the IMF program at the earliest.
Prime Minister Wickremesinghe today held discussions with the 10-member IMF delegation currently in Sri Lanka.
A team from the IMF is the island to hold discussions with the government and officials regarding a bailout package to support Sri Lanka to overcome the current economic crisis.
The IMF team is expected to remain in the country until the 30th of June to discuss the economic programme of the government which will lead to the bailout package.
Earlier, the IMF reaffirmed its commitment to support Sri Lanka at this difficult time.
An IMF team led by Peter Breuer and Masahiro Nozaki conducted a virtual mission with the Sri Lankan authorities from the 9th to the 24th of May on an economic program that could be supported by an IMF lending arrangement.
Sri Lanka which is facing an unprecedented economic crisis is seeking to obtain around $5 billion from the IMF to deal with the on-going issues.