President seeks US support in reaching out to IMF

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President Gotabaya Rajapaksa said yesterday (28), that he is looking forward to the support of the U.S. in reaching out to the International Monetary Fund (IMF).

He made this remark when US Ambassador Julie Chung called on the President at the Presidential Secretariat. 

Chung said, the United States Agency for International Development (USAID) will provide credit facilities for renewable energy projects.

The Ambassador commended the assistance given by the Government during US State Department’s Under Secretary for Political Affairs, Victoria Nuland’s visit to Sri Lanka.

Explaining the reasons for the recent decline of the Sri Lankan economy, the President said he is looking forward to US support in reaching out to the IMF.

Chung praised the Government’s decision to go to the IMF and said it was important for the future of Sri Lanka.

President Rajapaksa stated that steps will be taken to provide relief to low-income earners, irrespective of economic reforms.

Secretary to the President Gamini Senarath, Principal Adviser to President Lalith Weeratunga, Deputy Chief of Mission of the US Embassy in Colombo, Martin Kelly, and Chief Political/Economic Officer Susan Walke were also present.