Sri Lankan President Appoints 8 Investment Committees After Securing Initial IMF Deal

Sri Lankan President Appoints 8 Investment Committees After Securing Initial IMF Deal
Sri Lankan wait in queue to buy petrol at a fuel station, in Colombo, Sri Lanka, Sunday, July 17, 2022. AP Photo/Rafiq Maqbool
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Sri Lanka’s president on Thursday appointed eight task forces to explore investment prospects after reaching a preliminary deal with the International Monetary Fund (IMF) for a $2.9 billion bailout fund.

President Ranil Wickremesinghe appointed public and private sector leaders to serve on task forces that will oversee procedures, regulations, and actions of government agencies involved in business operations, Colombo Page reported.
Aldgra Fredly
Aldgra Fredly
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Aldgra Fredly is a freelance writer covering U.S. and Asia Pacific news for The Epoch Times.
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