IMF begins second review of Sri Lanka's extended fund facility program
Sri Lanka, March 7 -- The International Monetary Fund (IMF) is set to commence its second review of the Extended Fund Facility (EFF) program for Sri Lanka today, March 7th. The review will kick off with an opening meeting scheduled with President Ranil Wickremesinghe.
In a statement shared on his social media handle (formerly Twitter), Finance State Minister Shehan Semasinghe highlighted the significance of this milestone in the government's ongoing efforts to bolster stability and economic growth.
Semasinghe expressed optimism, stating that the government aims to successfully conclude the review and reach a staff-level agreement. This agreement would pave the way for accessing the third tranche of the EFF program.
He further emphasize...
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