Sri Lanka expects IMF disbursement in early July

ECONOMYNEXT – Sri Lanka is expecting the International Monetary Fund to complete a stalled review in early July and disburse the next tranche under its program Central Bank Governor Indrajit Coomaraswamy said.

A prior action for completing the review is the presentation of a new Inland Revenue bill in parliament.

The bill has already been gazetted.

Governor Coomaraswamy said the bill can be presented to parliament 10 days after it is made public. 

The Executive Board of the IMF is likely to meet in early July, he said. (Colombo/June24/2017)

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