IMF agreement gives confidence, grateful to India, says envoy Moragoda

IMF agreement gives confidence, grateful to India, says envoy Moragoda The preliminary agreement with the International Monetary Fund (IMF), under which Sri Lanka nation stands to receive $ 2.9 billion to tackle the ongoing economic crisis, is a “first step” in the long haul of economic recovery but will provide the country and investors “confidence” to attract increased investments and remittances, Sri Lankan High Commissioner to India Milinda Moragoda said on Thursday. Speaking at the Indian Express Idea Exchange, Moragoda said that with the IMF agreement taking shape, Sri Lanka…

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UK ready to engage with international partners to support Sri Lanka: PM Johnson

UK ready to engage with international partners to support Sri Lanka: PM Johnson British Prime Minister Boris Johnson has commended the efforts of President Ranil Wickremesinghe for establishing an inclusive government which will bring the stability needed to address issues for the Sri Lankan people. In a congratulatory message to President Wickremesinghe on his appointment as the Head of State, the British Prime Minister said that upholding democratic principles and seeking democratic consensus will be vital to President Ranil Wickremesinghe’s success. Reiterating the British Government’s sincere commitment to Sri Lanka,…

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