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Wickremesinghe's remarks come barely three weeks after the International Monetary Fund (IMF) said it has reached a staff-level agreement with Sri Lanka for the next phase that would enable it access to USD 337 million from the nearly USD 3 billion bailout approved in 2023 for the island nation.
Get latest articles and stories on World at LatestLY. Sri Lankan President Ranil Wickremesinghe has emphasised the importance of legalising agreements with the IMF to ensure there is no repeat of reversing decisions after agreeing with the global lender, which he said, represents the debt-trapped country's "final opportunity" for economic recovery. World News | President Wickremesinghe Calls for Legalising Agreements with IMF.
Latest news, analysis and opinions from the Daily FT, Sri Lanka's only national business newspaper. ..
Latest news, analysis and opinions from the Daily FT, Sri Lanka's only national business newspaper. ..
In Sri Lanka, you'll feel safe as a solo traveler. It ranks at the top for safety, with low crime rates and locals known for respecting women.