Courtesy Hiru News Addressing corruption during both the previous and the present governments remains one of the key pillars of the IMF reform programme, said the International Monetary Fund’s (IMF) Mission Chief for Sri Lanka is Evan Papageorgiou, yesterday. Speaking at the IMF press conference, Breuer said the IMF would continue to press the government to […]

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Courtesy Hiru News Economic management strategies by the government received high appreciation from the International Monetary Fund delegation during a meeting at the Presidential Secretariat today. Sri Lanka achieved higher progress compared to many other countries implementing IMF-supported programs. The delegation praised the government for maintaining macroeconomic stability and commitment to reform initiatives, even amid […]

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Courtesy Hiru News The IMF’s Executive Board signed off on Sri Lanka’s combined Fifth and Sixth Reviews under the Extended Fund Facility on May 28, unlocking another SDR 508 million, roughly US$695 million, and bringing total purchases under the four-year programme to about US$2.4 billion. By the conventional measure of an IMF review, this is […]

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