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IMF and Sri Lanka reach staff-level agreement on fifth review of 2023 bailout, unlocking USD 347 million in financing. Details on economic reforms.

Despite a positive economic outlook, the IMF warns of increased risks in Sri Lanka. The country's progress under the bailout program is noted, but strict compliance is urged for fiscal...

Sri Lanka's President Dissanayake calls on IMF to consider economic hardships while implementing recovery program, urging balance in conditions.

The IMF team has arrived in Sri Lanka to conduct the third review of the USD 3 billion bailout package, assessing the country's economic reform progress and debt restructuring efforts.