World

Sri Lanka’s main opposition parties boycott IMF review meeting

After the Opposition in Sri Lanka on Sunday declined President Ranil Wickremesinghe’s invitation to attend a review meeting of the IMF bailout programme, only the Tamil National Alliance, took part in Monday’s meeting with the global lender to help the cash-strapped nation to overcome the financial crisis.
The International Monetary Fund (IMF) on Thursday last began its two-week-long second review of the March 2023 bailout of USD 2.9 billion spanning over four years. Two tranches of USD 330 million each were released in March and December of last year.
Mi nister of State for Finance Asanka Shehan Semasinghe told reporters that M A Sumanthiran, the leading TNA parliamentarian, attended the meeting this morning after the main opposition SJB and the Marxist JVP snubbed the invitation.

Agencies

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