Govt. and IMF discuss preliminary review of IMF fourth tranche

7 April 2025 05:26 pm Views - {{hitsCtrl.values.hits}} 2 Bookmark

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Colombo, April 7 (Daily Mirror) - Sri Lanka and the International Monetary Fund (IMF)held discussions on Sri Lanka’s progress thus far under the IMF-supported programme and the next steps required to achieve the country’s future economic targets.

This was discussed during a meeting between President Anura Kumara Disanayake and representatives of the International Monetary Fund (IMF) this morning at the Presidential Secretariat, President’s Media Division (PMD) said.

The discussions centred on the preliminary review associated with the fourth tranche of Sri Lanka’s Extended Fund Facility (EFF) arrangement with the IMF.

Both parties also exchanged views on emerging economic challenges, particularly in light of new trade tariffs proposed by the United States and their potential implications for Sri Lanka.

The IMF delegation was led by Sanjaya Panth, Deputy Director for the Asia and Pacific Department and included Peter Breuer and Evan Papageorgiou, Senior Mission Chiefs.

Representing the Government of Sri Lanka were Minister of Labour and Deputy Minister of Economic Development Anil Jayantha Fernando, Deputy Minister of Finance & Planning, Harshana Suriyapperuma, Governor of the Central Bank Dr. Nandalal Weerasinghe, Senior Economic Advisor to the President Duminda Hulangamuwa and Secretary to the Ministry of Finance Mahinda Siriwardena.

Comments - 2

Yohan Monday, 07 April 2025 06:30 PM

Say good bye to imf as country now have around 6b usd. Then focus on a way to increase foreign currency income as we will have a major shortage when paying back loans due to loss of 3b usa market. Look for ways to increase income coming from tourism. Make the government small by getting rid of all loss making institution and cutting down government sector staff and forces gradually.

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P M Monday, 07 April 2025 06:36 PM

I hope Sri Lanka start rethinking about being a "self sufficient" country! Sri Lanka being an agricultural land, there are so many ways to develop it's various agricultural products. Develop the existing tea, rubber, rice, various fruits, vegetables etc. Stop thinking of "importing" and think "exporting". Help those land owners to expand and strive! Make Sri Lanka a "self sufficient land and a land of the free"!

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