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  1. Feb 22, 2024 · Sri Lanka turned to the IMF to contain the 2022 crisis and build a foundation for sustainable and inclusive growth. Together, the country and the IMF agreed on a comprehensive economic reform program to address the causes of the crisis and look after those hurt most by the crisis.

  2. Mar 20, 2023 · The IMF Board approved a 48-month extended arrangement under the Extended Fund Facility (EFF) of SDR 2.286 billion (about US$3 billion) to support Sri Lanka’s economic policies and reforms. The objectives of the EFF-supported program are to restore macroeconomic stability and debt sustainability, safeguarding financial stability, and stepping ...

  3. Sep 4, 2024 · As the country has gone through a period of relief and revival, driven by the IMF-backed economic reforms, it would be extremely reckless to indulge in policy actions that would risk the continuity of the bailout package secured from the global lender.

  4. Jul 17, 2024 · The IMFs $2.9 billion EFF program lays out major structural reforms required to restore long-term macroeconomic stability in Sri Lanka. How Sri Lanka Can Overcome Its Economic Crisis By Talal...

  5. Dec 16, 2023 · The IMF’s $2.9 billion EFF program lays out major structural reforms required to restore long-term macroeconomic stability in Sri Lanka. Sri Lanka’s Many IMF Programs: What’s Changed...

  6. Dec 12, 2023 · The program continues to support Sri Lanka’s efforts to restore macroeconomic stability and debt sustainability, safeguard financial stability, and enhance growth-oriented structural reforms (See Press Release No. 23/439).

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  8. ``Reinforcing the revenue-based fiscal consolidation supported by revenue administration reforms is critical to recover from program slippages and promote a break from past policy shortcomings. ``The Central Bank of Sri Lanka should continue to focus on the multi-pronged disinflation

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