The RFI request remains in place,” Acting IMF Mission Chief for Sri Lanka Masahiro Nozaki told us last Wednesday (25), responding to a query. In early-April, Sri Lanka requested for emergency financial support under the RFI of the IMF. The 76 approved countries include a number of Asia Pacific countries such as Bangladesh, Mongolia, Myanmar, and Nepal. However, when asked earlier how urgently Sri Lanka requires RFI support and if Sri Lanka could afford to be excluded from this financing, he said that it was not desperately needed by the country. Meanwhile, in mid-August, Central Bank of Sri Lanka (CBSL) Governor Prof. W.D.

Source: The Nation November 28, 2020 19:41 UTC