Reforms needed to bring the Sri Lankan economy back to a sustainable path – EU

The Delegation of the European Union in Sri Lanka has urged the authorities to start in-depth discussions with the International Monetary Fund (IMF) on the reforms needed to bring the Sri Lankan economy back to a sustainable path.

The EU issued the statement together with the diplomatic missions of the EU Member States [Germany, France, Italy, the Netherlands, Romania] and with the diplomatic missions of Australia, New Zealand, Norway, Switzerland, and the United Kingdom.

“Freedom of assembly and freedom of expression are pillars of any democratic society, when they remain peaceful. We therefore encourage all parties to continue acting with restraint. We consider the end of the state of emergency as a positive step,” the EU said.

The EU also called on all parties to explore constructive and democratic ways out of the current crisis that has taken its toll on the Sri Lankan people.

The EU stressed the extreme urgency of the situation, which requires the authorities to start in-depth discussions with the International Monetary Fund on the reforms needed to bring the Sri Lankan economy back to a sustainable path.

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