Home » IMF begins second review of SL’s EFF programme

IMF begins second review of SL’s EFF programme

written by MIAP Source

March 07, Colombo (LNW): The International Monetary Fund (IMF) is set to initiate the second review of the Extended Fund Facility (EFF) programme for Sri Lanka today (07), commencing with an inaugural meeting scheduled with President Ranil Wickremesinghe.

In a statement shared via his official communication platform, Finance State Minister Shehan Semasinghe underscored the significance of this development in the government’s ongoing endeavors to fortify stability and foster economic growth.

The government anticipates a successful review outcome leading to the attainment of a staff-level agreement, facilitating access to the program’s third tranche.

Semasinghe emphasised that such progress would catalyse Sri Lanka’s growth trajectory, bolstering confidence in the economy among stakeholders.

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written by MIAP Source

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