DIGITAL EDITION | TELEVION

Monday, October 3, 2022

DIGITAL EDITION | TELEVION

Monday, October 3, 2022

President says IMF accord pushed back after unrest

President Ranil Wickremesinghe said on Saturday (30) that an agreement with the International Monetary Fund (IMF) has been pushed back to September due to the unrest over the past weeks, the Associated Press reported.

Wickremesinghe, in his first speech since he was elected by Parliament, said even though he when Prime Minister had aimed to reach an agreement by early August, it has now been pushed back by a month, the report said.

Wickremesinghe was elected to complete the five-year term of his predecessor Gotabaya Rajapaksa, who fled to Singapore after protesters angry over economic hardships stormed his Official Residence and occupied several key Government buildings.

He said talks with the IMF on a rescue package had not moved since those incidents.

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