Bangkok: The International Monetary Fund stood ready to support Sri Lanka “in any way they desired, as appropriate,” Sonali Jain-Chandra, deputy director of its Asia and Pacific Department, said on Thursday.
* Sri Lanka’s macroeconomic situation is “much improved,” with its fiscal performance very strong and debt restructuring largely complete, Jain-Chandra said in a press conference during the IMF meetings in Bangkok
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* She also said important improvements were made on structural issues, including governance
* Earlier this month, the IMF reached a staff-level agreement with Sri Lanka on the seventh review under its Extended Fund Facility to unlock financing…