(LANKAPUVATH | COLOMBO) – IMF Communication Department Director Julie Kozack yesterday said Sri Lanka will have access to about US$ 333 million in financing after the IMF Executive Board approves the Staff Level agreement on the Third Review of Sri Lanka’s EFF programme.
Kozack added that the IMF Executive Board meeting is expected to take place in the coming weeks.
She said that Sri Lanka staff and the Sri Lankan authorities reached a staff-level agreement on the Third Review of Sri Lanka’s EFF programme on November 23.
Speaking at a press conference held at IMF headquarters yesterday IMF Communication Director said that the economy of Sri Lanka has expended by 5.5 per cent in the third and four quarters of 2024.
“Sri Lanka’s ambitious reforms agenda is delivering commendable outcome and international reserves have increased to US$ 6 billion at the end of last year,” she said.
