Sri Lanka and the IMF
Jun 13, 2024 · LATEST. IMF Staff Concludes Visit to Sri Lanka, August 2, 2024. Press Release. IMF Executive Board Concludes 2024 Article IV Consultation with Sri Lanka and Completes the Second Review Under the Extended Fund Facility, June 12, 2024. Press Release | Staff Report | Video of Press Briefing | Transcript. IMF Reaches Staff-Level Agreement on the ...
IMF Executive Board Concludes 2024 Article IV Consultation with Sri ...
Jun 12, 2024 · The IMF Executive Board completed the 2024 Article IV Consultation and Second Review under the 48-month Extended Fund Facility with Sri Lanka, providing the country with immediate access to SDR 254 million (about US $336 million) to …
Statement at the End of IMF Staff Visit to Sri Lanka
Oct 4, 2024 · The IMF remains a steadfast partner in supporting Sri Lanka and its people and stands ready to assist the country achieve its economic reform goals. The IMF team will continue its close engagement with Sri Lanka’s economic team to set a date for the third review of the IMF-supported program.”.
IMF approves second review of Sri Lanka's $2.9 bln bailout, warns …
Jun 13, 2024 · The International Monetary Fund (IMF) approved the second review of Sri Lanka's $2.9 billion bailout, but the global lender warned the economy remains vulnerable despite signs of recovery and...
IMF Approves 3rd Tranche For Sri Lanka After Completing
Jun 13, 2024 · IMF Approves 3rd Tranche For Sri Lanka After Completing Second Review. COLOMBO (News 1st); The Executive Board of the International Monetary Fund (IMF) completed the second review under...
IMF to assess Sri Lankan governance as part of $3 billion bailout
The IMF said Tuesday it is assessing Sri Lanka’s governance in the first case of an Asian country facing scrutiny for corruption as part of a bailout program.
Sri Lanka will get the second tranche of a much-need bailout …
Dec 13, 2023 · COLOMBO, Sri Lanka (AP) — The International Monetary Fund executive board approved the release of the second tranche of a $2.9 billion dollar bailout package to help Sri Lanka recover from the worst economic crisis in its history.
Sri Lanka to move forward with third review of near $3 bln IMF …
Oct 3, 2024 · Sri Lanka needs to complete the third review of its IMF programme in order to receive about $337 million in funds and support the finalisation of a $12.5 billion debt restructuring with...
Sri Lanka to discuss shape of IMF deal during Oct meetings in ...
COLOMBO, Oct 1 (Reuters) - Sri Lanka will have detailed talks with the IMF on the framework of a $2.9 billion bailout programme on the sidelines of the lender's annual meetings in Washington...
Crisis-ridden Sri Lanka's economic reforms are yielding results, …
Jan 19, 2024 · The IMF said Sri Lanka’s real GDP grew by 1.6% in the third quarter of 2023, the first expansion in six consecutive quarters. Shortages of essentials have eased, inflation remains contained and the country’s external reserves increased by $2.5 billion in 2023, it said.