IMF commences first review on EFF to SL

Date:

Colombo (LNW): The International Monetary Fund (IMF) has commenced its first review on the extended fund facility (EFF) to Sri Lanka today (14).

The inaugural meeting for the IMF’s first review of the EFF programme was held at the Presidential Secretariat this (14) morning, and the government of Sri Lanka is collaborating closely with the IMF team throughout this process to overcome the challenges ahead of Sri Lanka, Finance State Minister wrote on his X (previously known as Twitter.)

He added that the Sri Lankan government is fully committed to establishing a sustainable economy and recognises the importance of working closely with all multilateral institutions, development partners and the friendly nations.

The successful completion of the first IMF review puts Sri Lanka in a strong position for economic recovery and sets a promising pathway for growth in 2024, he noted.

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