Weerasinghe said there has been good progress in talks with Paris Club creditor countries and other creditors.
On the domestic front, talks are on with local banks to reduce rates, but restructuring of domestic debt is still uncertain, he added.
On a separate note, Weerasinghe said Sri Lanka’s inflation will ease at a sharp pace in 2023 and is expected to reach single digits by the end of 2023.
He said the central bank is aiming to reduce interest rates in line with inflation expectations and the process will be fast-tracked after the unlocking of the IMF programme.
Sri Lanka’s national consumer price index fell year-on-year to 59.2% in December, after rising 65% in November, data showed on Monday.