IMF agreement gives us confidence, grateful to India

IMF agreement gives us confidence, grateful to India: Sri Lankan envoy 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 Thursday. Speaking at The Indian Express Idea Exchange (a detailed transcript will be published September 5), Moragoda said that with the IMF agreement taking shape, Sri Lanka now expects more countries to offer assistance while underlining that India was the “only partner” to have stepped up even without a framework in place. [Read more]( If you would prefer not receiving our emails, please [Click Here](