July 03, Colombo: The United States Senate Foreign Relations Committee (SFRC) has said that any IMF agreement with Sri Lanka must be contingent on independence of the Central Bank of Sri Lanka, strong anti-corruption measures, and promotion of the rule of law.

“Without these critical reforms, Sri Lanka could suffer further economic mismanagement and uncontrollable debt,” the SFRC said on its official Twitter account.

Any @IMFNews agreement with #SriLanka must be contingent on @CBSL independence, strong anti-corruption measures & promotion of the rule of law. Without these critical reforms, Sri Lanka could suffer further economic mismanagement & uncontrollable debt. https://t.co/oMdT7QIwZP

— Senate Foreign Relations Committee (@SFRCdems) July 1, 2022

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