Local News

The first review of IMF loan begins

By Sahan Rathanasekara

September 14, 2023

The first review of the International Monetary Fund’s extended credit program has begun today (14) in the morning.

Minister of State for Finance Mr. Shehan Semasinghe says this review is an important milestone for securing the second tranche and increasing confidence in Sri Lanka’s economic stability.

The successful completion of the first review will put Sri Lanka in a strong position for economic stability and set a good path for the expected economic growth in 2024, the minister noted.