Sri Lanka will receive second tranche of bailout package after discussions with IMF completes: Minister

Sri Lanka will receive second tranche of bailout package after discussions with IMF completes: Minister

Sri Lanka will receive the second tranche of the IMF bailout package of USD 330 million after discussions on some pending financial matters between the cash-strapped island nation and the global lender are complete, State Minister for Finance Shehan Semasinghe said on Wednesday.

Responding to questions from the main opposition leader Sajith Premdasa, who has been critical of the government's handling of the International Monetary Fund (IMF) programme, in Parliament, Semasinghe blamed politically motivated cases for stalling the programme of the global lender.