IMF team to visit Sri Lanka today for third review under EFF program
November 17, 2024 10:19 am
A team from the International Monetary Fund (IMF), led by the Senior Mission Chief for Sri Lanka Peter Breuer, will be in Colombo from November 17 to 23.
The team will visit the country to conduct the third review of Sri Lanka’s economic reform program supported by the IMF’s Extended Fund Facility (EFF), IMF Spokesperson said.
The team, led by IMF Senior Mission Chief Peter Breuer, will assess Sri Lanka’s economic policies, progress on ongoing reforms, and the implementation of previous agreements with the IMF.
Upon successful completion of the review, the IMF is expected to release the next installment of the loan to Sri Lanka. The IMF had approved a 2.9 billion dollar Extended Fund Facility for Sri Lanka over a 48-month period in tranches to help its economy recover from the economic crisis.
