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Sri Lanka begins Fourth IMF Review Talks in Washington
In a critical step towards economic stabilization, officials from Sri Lanka have commenced discussions with the International Monetary Fund (IMF) in Washington for the fourth review of the country’s ongoing financial assistance program. These negotiations, pivotal in assessing Sri Lanka’s compliance with stipulated economic reforms, come as the nation seeks to restore investor confidence and recover from a severe economic crisis that has gripped the island nation. As talks progress, stakeholders will be keenly observing the outcomes that could influence the terms of financial support and shape the future trajectory of Sri Lanka’s economy.
Sri Lanka Seeks Economic Stabilization Amid IMF Review Negotiations
Sri Lanka is currently in the midst of its fourth thorough review with the International Monetary Fund (IMF) in washington, as the country seeks to chart a path towards economic stabilization. As part of this critical negotiation, the government is focusing on implementing necessary reforms to meet the IMF’s conditions for the continued disbursement of funds under its Extended Fund Facility. Key priorities outlined by Sri Lankan officials include:
- Fiscal Consolidation: addressing the fiscal deficit through increased revenue measures and expenditure…
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Author : Miles Cooper
Publish date : 2025-04-19 13:43:00
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