‘IMF have come to help us’ says Sri Lankan finance minister
Sri Lanka’s finance minister met with visiting mission from the International Monetary Fund (IMF) this week, to discuss the Sri Lanka’s economic state ahead of the government budget in November.
The meeting comes after reports that Sri Lanka will look to borrow $4 billion from the IMF to help tackle a widening balance of payment deficit.
Finance Minister Ravi Karunanayake said that the meeting was “routine” saying that,
“IMF comes on a normal routine but we have very clearly told them that we will decide as to how the government will run”.
“We are a professional government and we were only exchanging ideas… So they have come to help us, not we help them,” he added.
The minister also stated that “nothing” has been proposed by the IMF for Sri Lanka’s upcoming budget.