IMF second review of Sri Lanka’s bailout package begins today

The International Monetary Fund (IMF) will commence its second review of the Extended Fund Facility (EFF) program for Sri Lanka today (March 07) with an opening meeting scheduled with President Ranil Wickremesinghe.

Taking to his X handle (formerly Twitter), Finance State Minister Shehan Semasinghe said this marks a crucial milestone in the ongoing efforts by the government to enhance stability and economic growth.

He said the government expects to conclude a successful review and reach the staff-level agreement which will pave the way for accessing the third tranche.

“This will accelerate our growth trajectory, fostering increased confidence in the economy,” he added.

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