Sri Lanka yet to receive financial assurances – Semasinghe

 

State Minister of Finance Shehan Semasinghe has stated that Sri Lanka is yet to receive financial assurances from its bilateral creditors.

Commenting on recent claims made by sources close to the matter, Semasinghe confirmed that while said creditors have expressed their intention to support Sri Lanka, financial assurances in this regard are yet to be ascertained.

“We will miss the intended approval of the International Monetary Fund (IMF) in December, but are working hard to complete the required process by early next year”, Semasinghe said, assuring, however, that continuous progressive discussions are currently ongoing between the relevant authorities.