Collector
IMF completes EFF reviews, commends Sri Lanka, pushes reforms | Collector
IMF completes EFF reviews, commends Sri Lanka, pushes reforms
DailyFT

IMF completes EFF reviews, commends Sri Lanka, pushes reforms

In a major boost for the country, Sri Lanka has reached a staff-level agreement with the International Monetary Fund (IMF) on the combined Fifth and Sixth Reviews under its $ 3 billion Extended Fund Facility (EFF), positioning the country to access around $ 700 million in fresh financing, subject to key reform conditions.

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