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IMF remains key strategic partner in Sri Lanka’s ongoing journey towards financial stability: President
Colombo, Oct. 7 (Daily Mirror) - President Anura Kumara Dissanayake reaffirmed that the International Monetary Fund (IMF) remains a vital partner in Sri Lanka’s accelerated journey from crisis to recovery, emphasising that the government regards the IMF support not merely as external assistance, but as an integral element of its comprehensive strategy for sustainable economic progress.
Speaking at the fifth mid-point review meeting held today at the Presidential Secretariat with an IMF delegation, the President stressed that the government’s reform agenda is focused on achieving long-term stability, inclusive growth and investor confidence, the President’s Media Division (PMD) said.
The sixth tranche of the IMF assistance is scheduled for release in December. During the discussions, the IMF delegation commended Sri Lanka’s reform progress, noting that the country’s economic reform programme is yielding commendable outcomes. They highlighted that reforms are bearing fruit, with economic growth outperforming expectations, foreign reserves strengthening and fiscal revenues improving.
"The IMF further observed that sustaining reform momentum is critical to safeguarding macroeconomic stability, consolidating recovery and building resilience against global uncertainties, including trade policy shifts and geopolitical tensions.
President Dissanayake underscored that attracting investments plays a decisive role in the government’s economic expansion drive, particularly in driving rural development and creating employment opportunities.
He noted that while the IMF’s continued support has been instrumental in restoring confidence and stability, ensuring robust infrastructure and a conducive investment environment is vital for sustaining growth.
The President further emphasised that to maintain the government’s projected growth targets, it is imperative for Sri Lanka to exceed the targets set by the IMF, which requires a strong inflow of foreign direct investments (FDIs).
He stated that achieving this will demand continued fiscal discipline, policy consistency and strategic facilitation of investment opportunities across key sectors.
Reaffirming his government’s commitment to reform and recovery, President Dissanayake stressed that Sri Lanka is determined to build a resilient, investment-driven economy that ensures inclusive national development.
He noted that the IMF remains a key strategic partner in Sri Lanka’s ongoing journey toward financial stability, economic resilience and sustainable growth," the PMD said.
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