CB Governor Cabraal Says Can Meet Debt Repayments 'Comfortably': "Will Not Have To Go To IMF"

Newly appointed Central Bank Governor Ajith Nivard Cabraal has said that Sri Lanka will be able to comfortably meet debt repayment requirements and will not have to go to the International Monetary Fund (IMF).

He made these comments during an interview with Bloomberg earlier this morning.

Cabraal said he was expecting a number of foreign cash inflows to come in, including government-to-government agreements.

In addition, he said he expects the tourism industry to begin to revive by December this year, which will contribute greatly to the economy.

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