President Urges Legalization of IMF Agreement for Economic Benefit

Sri Lanka's President Ranil Wickremesinghe has emphasized the necessity of legalizing the agreement with the International Monetary Fund (IMF) to ensure the benefits reach the people swiftly. Speaking at a gathering, President Wickremesinghe highlighted the collaboration with the IMF as crucial for revitalizing Sri Lanka’s economy. He underscored the importance of a new legal framework to modernize various sectors, seeking the support of the legal community for these initiatives.

President Wickremesinghe expressed confidence in the potential for economic recovery, citing abundant resources available in Sri Lanka. He urged the country to leverage its strengths in sectors like tea plantation and apparel industry to transition towards an export-oriented economy.