IMF to review SL’s economic progress next week

22 July 2024 03:00 am Views - {{hitsCtrl.values.hits}} 4 Bookmark

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A delegation from the International Monetary Fund (IMF) is scheduled to visit Sri Lanka next week to assess the country’s economic progress.

The delegation will evaluate the current economic situation and recommend future actions to strengthen the economy.

In June, the IMF Executive Board completed the 2024 Article IV Consultation and Second Review under the 48-month Extended Fund Facility (EFF) with Sri Lanka, which provided the country with immediate access to about US$ 336 million to support its economic policies and reforms. This brought the total IMF financial support dispersed so far to about US$ 1 billion.

Comments - 4

Jude Monday, 22 July 2024 06:36 PM

Will be totally disappointed !!

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Punchi Tuesday, 23 July 2024 02:39 AM

Why are we allowing the IMF to review progress that is interfere in our internal affairs. The IMF duty for lanka as established by our powerful Sanga is to give us as much money as want and bugger off

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AJ Tuesday, 23 July 2024 09:01 PM

IMF, please look into what RW doing to collected tax money after squeezing middle class of SriLankan community, he lavishly spending it to boost his image targeting forthcoming elections, and ready to spend billions on stupid change of couple of words in constitution which is not that essential this moment

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navratne willamune Friday, 26 July 2024 04:38 PM

closer to the presidential election IMF will come up with statement favouring Ranil wick

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