Sri Lanka, Dec. 7 -- The International Monetary Fund (IMF) has decided to prioritise the US$ 200 million Rapid Financing Instrument (RFI) request made by Sri Lanka in a bid to tackle the challenges the country is facing following the devastation caused by Cyclone Ditwah.
In a statement, the IMF has announced that in light of Sri Lankan authorities' request for emergency financing, the IMF's Executive Board will consider the Rapid Financing Instrument (RFI) request as a priority at the current juncture.
The support under the RFI is in addition to Sri Lanka's Extended Fund Facility access, the IMF noted.
An IMF team is also scheduled to visit Sri Lanka in early 2026 to resume discussions for the completion of the Fifth Review of the Exte...
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