IMF reaches staff-level agreement on fourth review under extended fund facility with Sri Lanka

$FILE PHOTO: A general view of Sri Lanka\\'s main business city as Sri Lankan President Ranil Wickremesinghe announced 2023 budget amid the country\\'s economic crisis, in Colombo, Sri Lanka, November 14, 2022. REUTERS/ Dinuka Liyanawatte/File Photo Image for illustrative purpose , Reuters$

FILE PHOTO: A general view of Sri Lanka's main business city as Sri Lankan President Ranil Wickremesinghe announced 2023 budget amid the country's economic crisis, in Colombo, Sri Lanka, November 14, 2022. REUTERS/ Dinuka Liyanawatte/File Photo Image for illustrative purpose
Reuters

Sri Lanka will have access to about $344 million in financing

Devika Nair, Reuters News

April 25, 2025

PHOTO
FILE PHOTO: A general view of Sri Lanka's main business city as Sri Lankan President Ranil Wickremesinghe announced 2023 budget amid the country's economic crisis, in Colombo, Sri Lanka, November 14, 2022. REUTERS/ Dinuka Liyanawatte/File Photo Image for illustrative purpose

The International Monetary Fund (IMF) on Friday said it reached staff-level agreement on fourth review under an extended fund facility with Sri Lanka.

On approval by the IMF Executive Board, Sri Lanka will have access to about $344 million in financing, IMF said in a statement.

(Reporting by Devika Nair in Bengaluru; Editing by Toby Chopra)

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