COLOMBO (News 1st); The International Monetary Fund (IMF) on Friday (25) reached a staff-level agreement with Sri Lankan authorities on the Fourth Review of Sri Lanka’s reform program, supported by the IMF’s 48-month Extended Fund Facility (EFF) arrangement.This agreement, however, comes with crucia...

COLOMBO (News 1st); The IMF staff and the Sri Lankan authorities on Friday (25) have reached staff-level agreement on economic policies to conclude the Fourth Review of Sri Lanka’s reform program supported by the IMF’s Extended Fund Facility.The IMF said that Once the review is approved by the IMF E...

COLOMBO (News 1st); The fourth review of the International Monetary Fund (IMF) supported-program for Sri Lanka concludes today.According to Deputy Minister of Finance, Dr. Anil Jayanta Fernando, discussions related to this review began recently between representatives of the IMF and Sri Lanka.The di...

COLOMBO (News 1st); The International Monetary Fund (IMF) has emphasized the need for Sri Lanka to undertake broader structural reforms to mitigate the impact of recent trade policy shocks and promote sustainable economic growth.Krishna Srinivasan, Director of the IMF's Asia and Pacific Department, ...

COLOMBO (News 1st); The G-24 has issued a call to action in response to the severe humanitarian suffering caused by global crises and conflicts.In their latest statement, the group highlighted the increasing scale and complexity of these crises, which continue to exert significant pressure on frontl...