Following the approval of the International Monetary Fund’s second review for Sri Lanka, State Finance Minister Shehan Semasinghe expressed gratitude to the IMF and the official creditor countries for their support.

Taking to ‘X’, the Minister thanked the Official Creditor Committee co-chaired by India, Japan, and France, while also expressing appreciation to China for their steadfast support.

“We extend our gratitude to the Official Creditor Committee co-chaired by India, Japan, and France, and to China for their steadfast support. The approval will unlock the 3rd tranche of USD 336 million, which will have a significant positive impact on our economy,” the State Minister said.

The approval of the second review signifies the continued commitment to Sri Lanka’s economic recovery and growth, which is critical in reinforcing economic stability and resilience, he noted.

The financing will also pave the way for more robust economic policies and reforms for long-term sustainable growth and prosperity, Semasinghe added.We wish to express our gratitude to the IMF Board Members, IMF Management and Mission Team for the unwavering and dedicated support extended to Sri Lanka for the approval of the second review. This signifies the continued commitment to our economic recovery and growth which is…

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