Sri Lanka asks IMF for urgent financial assistance
Al JazeeraThe IMF may consider this request due to the unique circumstances, an aide to the nation’s finance minister said. Sri Lanka has requested the International Monetary Fund for urgent financial assistance and the global lender could consider it after initial reluctance, an aide to the country’s finance minister said. “The made a request for a Rapid Financing Instrument to mitigate the current supply chain issues, yet initially IMF of the view that it doesn’t meet their criteria,” Sabry’s aide Shamir Zavahir said on Twitter. “However, India subsequently made representations on an RFI for as well and IMF may consider this request due to the unique circumstances.” request for a Rapid Financing Instrument to mitigate the current supply chain issues,yet initially IMF of the view that it doesn’t meet their criteria. “India will fully support the deliberations of Sri Lanka with the IMF, especially on the special request made for expediting an extended fund facility,” Sabry’s office said, citing his meeting with Sitharaman.