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…

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

IMF and Sri Lanka reach staff-level agreement on fourth review

The International Monetary Fund (IMF) and the Sri Lankan government have reached a staff-level agreement on the Fourth Review of Sri Lanka’s economic reform program. This program is supported by the IMF’s 48-month Extended Fund Facility (EFF), which was approved in March 2023 for a total of SDR 2.3 billion (around US$3 billion). The agreement was finalized following constructive discussions in Colombo and during the Spring Meetings of the IMF an…