IMF Cash: Finance Ministry answers frequently asked questions


Finance Minister

The Ministry of Finance has provided answers to some frequently asked questions (FAQs) on the $ 3 billion bailout approved by the International Monetary Fund (IMF).

For example, a question was asked about how the government intends to ensure responsible debt management under the IMF programme.

In answer, the Ministry said “The Ministry of Finance will track debt issuance by state-owned enterprises (SOEs) and public Special Purpose Vehicles (SPV) and monitor collateralized debts issuance and non-concessional borrowing.

“The Ministry will also ensure that debt service is made on time and stay on track to achieve a medium-term debt-to-GDP target of 55 percent of GDP by 2028.”




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