Sri Lanka: Colombo continues talks with the IMF, fresh $2.9 bn programme in talks
Edited By WION Video Desk
Published: Sep 12, 2022, 04:34 IST | Updated: Sep 12, 2022, 04:34 IST
Sri Lanka is also witnessing an economic crisis. Top officials are in talks with the International Monetary Fund over a fresh $2.9 billion program. The two parties are trying to set out an ambitious primary surplus target of 2.3 percent of GDP by 2025 that will mean having to increase state revenue significantly.
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