Prime Minister Ranil Wickremesinghe is due to make a special statement during the next Parliament sitting pertaining to the country’s economic situation.
The Premier is expected to detail the present economic status of the country, and steps that will be taken in order to overcome the crisis.
Speaking to media pertaining to talks with the international factions Premier Wickremesinghe said the World Bank is providing aid to Sri Lanka and all funds allocated for other projects have all been directed towards reviving the economy.
The Premier noted that Sri Lanka will receive a large sum in funds through the International Monetary Fund, adding that the funds are at present an urgent necessity.
Prime Minister Wickremesinghe said talks were held with the IMF and all issues were addressed and an agreement reached on basic matters.
The Prime Minister added Sri Lanka will now formulate a programme locally within the next two weeks following which a group of IMF representatives will arrive in Sri Lanka once again to go over the country’s plans and subsequently reach an agreement.
The Premier noted this process must be fast-tracked and cannot be postponed.
The Prime Minister also stated that global issues stemming from the Ukraine conflict and global inflation have led to hardships for nearly 70 countries.
Premier Wickremesinghe said Sri Lanka must look at addressing shortcomings promptly and seek all possible support.