Sri Lanka, May 23 -- The International Monetary Fund (IMF) says that the approval for the fourth review of Sri Lanka's programme under the Extended Fund Facility (EFF) is contingent on the government completing prior actions, including restoring electricity cost recovery pricing.

Addressing the IMF's weekly press briefing, the IMF Spokesperson Julie Kozack stated that the completion of the review is subject to approval by the executive board and that the IMF expects the board meeting to take place in the coming weeks.

However, Kozack noted that the precise timing of that board meeting is contingent on two things - the first is the implementation of prior actions.

She stated that the main prior actions are relating to restoring electric...