SL Begins Fourth Review Talks with IMF on Extended Fund Facility

A high-level delegation from Sri Lanka, comprising senior officials from the Ministry of Finance and the Central Bank, is currently engaged in negotiations aimed at securing continued financial support under the program.

Deputy Minister of Finance, Professor Anil Jayantha Fernando, confirmed that the delegation is representing Sri Lanka in these critical discussions. The talks are expected to assess the country’s progress in implementing economic reforms and meeting fiscal targets agreed upon under the EFF.

The fourth review comes at a crucial time as Sri Lanka seeks to stabilize its economy, strengthen public finances, and ensure debt sustainability. Positive outcomes from the review could lead to the release of the next tranche of IMF funding, further bolstering Sri Lanka’s foreign reserves and investor confidence.

The Extended Fund Facility arrangement, initially approved by the IMF to support Sri Lanka’s economic recovery and structural reform agenda, includes periodic reviews to evaluate the government's adherence to policy commitments.