IMF Reaches Staff-Level Agreement on the Fourth Review under the Extended Fund Facility with Sri Lanka - Lanka Business News
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2 Articles
IMF Reaches Staff-Level Agreement on the Fourth Review under the Extended Fund Facility with Sri Lanka - Lanka Business News
IMF staff and the Sri Lankan authorities have reached staff-level agreement on economic policies to conclude the Fourth Review of Sri Lanka’s reform program supported by the IMF’s Extended Fund Facility. Once the review is approved by the IMF Executive Board, Sri Lanka will have access to about US$344 million in financing. Program performance remains strong overall. Economic growth is rebounding. Revenue mobilization, reserve accumulation, and s…
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