The Executive Board of the International Monetary Fund (IMF) has successfully completed the third review of Sri Lanka’s 48-month Extended Fund Facility (EFF), granting the country immediate access to approximately US$336 million in financial support for economic policies and reforms.
With this latest disbursement, Sri Lanka has now received a total of US$1.34 billion under the IMF program.
According to the IMF, Sri Lanka has demonstrated strong performance under the EFF. As of December 2024, all quantitative targets were met, except for the indicator on social spending. Additionally, most structural benchmarks were either achieved or implemented with some delays by the end of January 2025.
The IMF also acknowledged the successful completion of recent debt restructuring efforts, marking a significant step towards achieving debt sustainability.
