Convening a media briefing today (March 21), IMF Senior Mission Chief Mr. Peter Breuer said SL is making good progress in implementing an ambitious reform agenda with commendable outcomes.
The IMF had commended government actions which has resulted in inflation decelerating faster than expected.
The IMF staff & SL authorities have reached a staff-level agreement on economic policies to conclude the 2nd review. Once the IMF Management approves, Sri Lanka will have access to around USD 337 million in financing, the Presidential Media Division states.
