IMF Secures Fourth Review Agreement with Sri Lanka

IMF Secures Fourth Review Agreement with Sri Lanka

IMF Secures Fourth Review Agreement with Sri Lanka The International Monetary Fund (IMF) announced on Friday a significant milestone with Sri Lanka, reaching a staff-level agreement during the fourth review of its extended fund facility.This achievement could pave the way for Sri Lanka to tap into about $344 million in financing, pending IMF Executive Board's approval.The agreement marks a critical step in ensuring financial support for Sri Lank…

Sri Lanka on track to reach IMF staff level deal soon: report

ECONOMYNEXT – Sri Lanka is on track to reach a staff level agreement with the International Monetary Fund to complete a review and move to the next phase of the program, a media report said. A negotiation team is currently in Washington where the IMF and World Bank Spring Meetings are also held. Sri Lanka and the IMF is likely to reach a staff level agreement as early as this week, Bloomberg newswires reported citing people familiar with the mat…

IMF Ties Approval of Sri Lanka’s Fourth EFF Review to Key Reforms and Financing Assurances - LNW Lanka News Web

The International Monetary Fund (IMF) has announced that the approval of Sri Lanka’s fourth review under the Extended Fund Facility (EFF) is dependent on the government meeting key prior conditions, including the restoration of electricity cost recovery pricing. Speaking at the IMF’s weekly press briefing, Spokesperson Julie Kozack explained that while a staff-level agreement was reached on April 25 between the IMF and Sri Lankan authorities, th…

IMF backs Sri Lanka’s stability push with fresh approval

Latest news, analysis and opinions from the Daily FT, Sri Lanka's only national business newspaper. ..

IMF approves $344 million payout to Sri Lanka as economic reforms show progress

It will serve as vital support for Sri Lanka as the country works to stabilise its economy and regain financial sustainability.

IMF Reaches Staff-Level Agreement on the Fourth Review under the Extended Fund Facility with Sri Lanka | Central Bank of Sri Lanka

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. FULL TEXT Published Date: Friday, April 25, 2025