President offers transparency on the IMF program….

Ranil Wickremesinghe, the president of Sri Lanka, has asked for help in fostering the coordination needed for the program supported by the International Monetary Fund (IMF) in an open letter to the country’s official bilateral creditors and the Paris Club creditors.

The President has also assured transparency and regular reporting on Sri Lanka’s indebtedness in the letter,

President Wickremesinghe has praised the diligence and expressed his gratitude to the Paris Club creditors and Japan in particular, and to India and China for enabling the cooperation required to arrive at this point and explicitly delivering IMF-compatible financing assurances.