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IMF, Sri Lanka agree for 3rd review of economic reforms under EFF
Nov 25, 2024
Insights
- The IMF and Sri Lanka recently reached a staff-level agreement on economic policies to conclude the third review of the country’s economic reform programme supported by the former’s four-year Extended Fund Facility arrangement.
- Once the review is approved by the IMF management and completed by its executive board, Sri Lanka will have access to about $333 million in financing.