International Monetary Fund (IMF) staff and the Sri Lankan authorities have reached staff-level agreement on economic policies to conclude the combined Fifth and Sixth Reviews of Sri Lanka’s reform program supported by the IMF’s Extended Fund Facility (EFF) .
Once the review is approved by the IMF Executive Board, Sri Lanka will have access to about S$700 million in financing.
Source - The Morning
A.R.B.J Rajapaksha