Minister of State for Finance Shehan Semasinghe says that the background required to obtain the approval of the Executive Board of the International Monetary Fund was prepared with the patience and trust of the people of the country, as well as the unpopular but necessary reforms carried out by President Ranil Wickramasinghe.
“At the end of an overall process of 08 months, with the irrepressible courage and commitment of the President, the Ministry of Finance, the Central Bank of Sri Lanka and other institutions, as well as the support of the International Monetary Fund Board, the creditors of our country, and other countries, we are today able to obtain the extended loan amount of the International Monetary Fund. This approval has become essential for the country at this time, and now we all have to work together to strengthen the country’s economy and continue to work patiently in these reforms.”
The Minister of State further stated that the responsibility assigned to him by the President was well fulfilled not only as a public representative but also as a Sri Lankan.
