Sri Lanka prepared to review IMF agreement

21 Jan, 2025

Sri Lanka is prepared to review the agreement with the International Monetary Fund (IMF), Deputy Minister of Finance and Planning, Dr. Harshana Suriyapperuma said.

The Deputy Minister told Parliament that the Government is committed to review the agreement in future to ensure the public receive more relief.

The IMF and the new Sri Lankan Government led by President Anura Kumara Dissanayake reached their first staff-level agreement on the third review under the 4-year Extended Fund Facility (EFF) arrangement in November last year.

Upon completion of the Executive Board review, Sri Lanka would have access to SDR 254 million (about US$333 million), bringing the total IMF financial support disbursed under the arrangement to SDR 1,016 million (about US$1,333 million). (Colombo Gazette)

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