An International Monetary Fund (IMF) staff team led by Mission Chief Evan Papageorgiou will visit Sri Lanka from September 10 to 23 to hold discussions on the combined seventh review of the island nation’s economic reform programme.
The review, conducted under the country's US$ 2.9 billion Extended Fund Facility (EFF), will also encompass the 2026 Article IV Consultation. Upon successful completion of the review, the global lender is expected to release its eighth financial tranche, amounting to approximately US$ 330 million.
The disbursal of the new instalment will bring the total funding received by Sri Lanka under the EFF programme to nearly US$ 2.6 billion.
The visiting team is set to communicate its preliminary findings at the conclusion of the visit.
Latest News
Israeli military says it strikes southern Lebanon after Hezbollah launched drones
Liam and Noel Gallagher raise Fists and electrify Venice as Oasis doc gets 8-minute standing ovation
Bad Bunny wins Emmy for Super Bowl Halftime Show
Alan Cumming keeps his Emmys winning streak alive
Taylor crowns career in stylish Croke Park triumph
India crush Pakistan at T20 Asia Cup with record-breaking bowling display
Man Utd in ‘good place’ ahead of Premier League trip to Everton
“Do not be deceived by the US" - IRGC
France denies inciting failed Niger mutiny, calls accusation ‘pure fantasy
Netanyahu boasts about bombing Qatar, says Gaza funds used for aid