Sri Lanka Collaborates with IMF for Inaugural Review of EFF Programme: Commitment to a Sustainable Economy

September 14, 2023

In a significant development, State Minister of Finance Shehan Semasinghe announced the commencement of the inaugural meeting for the International Monetary Fund's (IMF) first review of the Extended Fund Facility (EFF) program. This crucial step towards economic stability took place at the Presidential Secretariat, reaffirming the government's commitment to establishing a sustainable economy.

State Minister Semasinghe emphasized the close collaboration between Sri Lanka and the IMF team during this pivotal process, aimed at overcoming the economic challenges facing the nation. He stressed the government's dedication to working in harmony with various multilateral institutions, development partners, and friendly nations, recognizing their vital role in achieving economic stability.

Furthermore, the State Minister expressed gratitude to the IMF team for their unwavering support to Sri Lanka. This collaborative effort signifies a concerted push to navigate the economic hurdles and ensure the nation's fiscal health.