Will strongly support Sri Lanka on debt restructuring – IMF

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The International Monetary Fund (IMF) will strongly support Sri Lanka on debt restructuring, IMF Chief Kristalina Georgieva says.

Speaking to NDTV at the annual meeting of the World Economic Forum in Davos, the IMF Chief said, “I feel for the people in Sri Lanka. It is breaking my heart to watch pictures of what is happening in the country that once was quite prosperous.”

It is a result of mismanagement, Georgieva said further, noting that the most important thing to be done is to put the island nation back on a sound macroeconomic footing.