IMF and Sri Lankan government reach USD 2.9bn staff-level agreement

IMF and Sri Lankan government reach USD 2.9bn staff-level agreement

The International Monetary Fund (IMF) staff and the Sri Lankan authorities have reached a staff-level agreement to support Sri Lanka’s economic policies with a 48-month arrangement under the Extended Fund Facility (EFF), the IMF have announced.

The amount agreed upon was a sum of USD 2.9 billion.

Features News