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Sri Lanka crisis

IMF hopes to complete Sri Lanka aid talks 'as quickly as possible'

Georgieva says global outlook to be downgraded as recession risk 'has gone up'

IMF Managing Director Kristalina Georgieva: "The moment there is a government that we can continue our discussions with, our team will be there." (Photo by Kosuke Imamura)

TOKYO -- The International Monetary Fund hopes to complete rescue talks with Sri Lanka "as quickly as possible," Managing Director Kristalina Georgieva said on Wednesday, hours before the crisis-hit South Asian nation elected a new president.

Speaking with Nikkei Asia in Tokyo, Georgieva said the fund was "very deeply concerned about the well-being of the people in Sri Lanka," which has been gripped by severe shortages of fuel, food and other essentials after its foreign reserves dried up.

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