{"id":121469,"date":"2021-12-24T17:04:02","date_gmt":"2021-12-25T00:04:02","guid":{"rendered":"http:\/\/www.lankaweb.com\/news\/items\/?p=121469"},"modified":"2021-12-24T17:04:02","modified_gmt":"2021-12-25T00:04:02","slug":"no-request-for-imf-funding-during-visit","status":"publish","type":"post","link":"https:\/\/www.lankaweb.com\/news\/items\/2021\/12\/24\/no-request-for-imf-funding-during-visit\/","title":{"rendered":"No request for IMF funding during visit"},"content":{"rendered":"<h2><span style=\"color: #0000ff;\"><em>Courtesy The Daily Mirror<\/em><\/span><\/h2>\n\n\n<p>Sri Lanka had not sought financial support from the International Monetary Fund (IMF) during a just concluded staff team visit to Colombo.&nbsp;<\/p>\n\n\n\n<p>IMF\u2019s mission chief for Sri Lanka, Masahiro Nozaki told Daily Mirror via email that the staff is still ready to discuss the option if requested.&nbsp;<\/p>\n\n\n\n<p>Nozaki said a staff team from the IMF visited Colombo from December 7\u201320 to conduct the 2021 Article IV consultation with Sri Lanka.&nbsp; &nbsp;<\/p>\n\n\n\n<p>Under Article IV of the IMF&#8217;s Articles of Agreement, the IMF holds regular bilateral discussions with all member countries to review economic developments and policies.&nbsp;<\/p>\n\n\n\n<p>Following approval by IMF Management the IMF\u2019s Executive Board discusses a Staff Report based on these discussions, Nozaki said.&nbsp;&nbsp;<\/p>\n\n\n\n<p>The Cabinet had this week discussed an IMF bailout but had not reached a decision if to seek financial support from the global agency.&nbsp;<\/p>\n\n\n\n<p>The Government is, so far, refusing to accept the conditions put forward by the IMF for a bailout package.(Easwaran Rutnam)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Courtesy The Daily Mirror Sri Lanka had not sought financial support from the International Monetary Fund (IMF) during a just concluded staff team visit to Colombo.&nbsp; IMF\u2019s mission chief for Sri Lanka, Masahiro Nozaki told Daily Mirror via email that the staff is still ready to discuss the option if requested.&nbsp; Nozaki said a staff [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[102],"tags":[],"class_list":["post-121469","post","type-post","status-publish","format-standard","hentry","category-economy"],"_links":{"self":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/121469","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/comments?post=121469"}],"version-history":[{"count":0,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/121469\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/media?parent=121469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/categories?post=121469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/tags?post=121469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}