Sri Lanka, June 13 -- The International Monetary Fund (IMF) has commended Sri Lanka for making significant strides in implementing tough but necessary economic reforms, bringing the country closer to receiving the next tranche of IMF financial assistance.
Julie Kozack, Director of the IMF's Communications Department said that a Staff-Level Agreement was reached on April 25 between IMF staff and Sri Lankan authorities for the fourth review of the country's ongoing Economic Reform Programme.
"The program and Sri Lanka's ambitious reform agenda continue to deliver commendable outcomes," Kozack said. "Performance under the program remains strong overall, and the government remains committed to the program objectives. Completion of the revi...
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