A high-level delegation from the International Monetary Fund (IMF) will arrive in Sri Lanka on Wednesday, October 2, to discuss the continuation of its financial program with the new government, according to sources from the Finance Ministry. The delegation is expected to meet with President Anura Kumara Dissanayake, who also serves as the Finance Minister, along with the Central Bank Governor, the Secretary of the Finance Ministry, and other top officials from both the Ministry and the Central Bank.
Sri Lanka’s new leadership is preparing to begin talks with the IMF to continue its current financial program while accelerating debt relief discussions with foreign creditors to support the country’s economic recovery. According to sources, the IMF delegation will discuss the disbursement of the third tranche of the $2.9 billion Extended Financial Facility, which is planned for mid-October.
The delegation will also review the progress of key economic reforms that were previously agreed upon as part of the financial facility. The IMF team will assess Sri Lanka’s economic performance and decide on the release of the next tranche based on their findings, the sources added.
IMF To Talk with Newly Elected President within First Two Weeks
