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Discussions with SL authorities constructive and productive: IMF team

The IMF team that concluded their visit to Sri Lanka said that they had constructive and productive discussions with the Sri Lankan authorities on economic policies and reforms to be supported by an IMF Extended Fund Facility (EFF) arrangement and also said Executive Board approval would require adequate financing assurances from Sri Lanka’s creditors that debt sustainability will be restored and far-reaching tax reforms are urgently needed.
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