Sri Lanka central bank governor warns political instability may hurt IMF negotiations
FILE PHOTO: People walk past the main entrance of the Sri Lanka's Central Bank in Colombo, Sri Lanka March 24, 2017. REUTERS/Dinuka Liyanawatte
Prolonged political instability in Sri Lanka may delay progress on negotiations with the International Monetary Fund for a bailout package, the central bank governor told Reuters on Monday, after protesters forced the president and prime minister to offer their resignations.
"I would like to have a stable political administration sooner than later," Governor P. Nandalal Weerasinghe said.
"I hope that there will be an administration in which people can place more confidence."
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