Sri Lanka, July 25 -- The International Monetary Fund (IMF) has acknowledged Sri Lanka's continued economic progress as the country prepares for its fifth review under the IMF-supported Extended Fund Facility (EFF) arrangement.

Speaking at a press briefing held yesterday (24), IMF Communications Director Julie Kozack provided an update on the status of Sri Lanka's economic program and upcoming evaluations.

On July 1st, the IMF Executive Board completed the fourth review of Sri Lanka's program, releasing a tranche of $350 million and bringing the total financial assistance to $1.74 billion.

Kozack highlighted that Sri Lanka's "ambitious reform agenda continues to deliver commendable outcomes," noting significant improvements across key ...