“A high-level IMF team led by Krishna Srinivasan, Director for the Asia Pacific Department, will be visiting Colombo October 2-4 to meet with President Dissanayake and the new economic team to discuss latest economic developments and economic reforms under Sri Lanka’s economic program supported by the IMF,” the IMF said in a statement.

Sri Lanka's new President Anura Kumara Dissanayake said on Wednesday that he plans to begin negotiations with the International Monetary Fund (IMF) immediately to take forward the country's $2.9 billion bailout programme.

Sri Lanka’s new President Anura Kumara Dissanayake says that he will soon resume discussions with the International Monetary Fund and foreign creditors to plot a way out of the worst economic crisis in the country’s history.

The International Monetary Fund said it’s looking forward to working with Sri Lanka’s newly elected leftist president, including on the latest review of the country’s $3 billion bailout package.

Sri Lanka's new leftist leader has little room to renegotiate an IMF bailout that threw a lifeline to his bankrupt country but imposed punishing and unpopular austerity measures, analysts say.

Sri Lanka’s new president took office with a mandate to bring relief to citizens still burdened by the remnants of the country’s worst-ever economic crisis. Now comes the hard part: Getting the lenders to play along.

The International Monetary Fund is ready to discuss its controversial $2.9 billion bailout programme for Sri Lanka with the country's new government, a spokesman said.

The International Monetary Fund said on Thursday it was already communicating with Sri Lanka's new economic team. "We are discussing the next steps for engagement" IMF Senior Mission Chief for Sri Lanka Peter Breuer said in an emailed statement,

Sri Lanka’s new president Anura Kumara Dissanayake said he plans to start discussions with the International Monetary Fund as part of his focus on establishing stability in the island nation before rolling out other initiatives.