header logo
Rhythms of Lanka
Mogo Academy
Latest
IMF chief reaffirms continued support for Sri Lanka’s economic recovery
Apr 17, 202605:03 PM
IMF chief reaffirms continued support for Sri Lanka’s economic recovery
Mobitel Inner

The Sri Lankan delegation, headed by the Governor of the Central Bank of Sri Lanka, Dr Nandalal Weerasinghe, has engaged in productive discussions with the senior leadership of the International Monetary Fund, World Bank Group, as well as with rating agencies and investors during the IMF-WB Spring Meetings 2026.

 

IMF Managing Director, Dr Kristalina Georgieva, congratulated Sri Lanka on reaching a staff-level agreement for the combined fifth and sixth reviews under the Extended Fund Facility and reaffirmed the IMF’s continued support for Sri Lanka’s efforts towards durable economic recovery and sustained progress, a statement said.

 

During discussions, Deputy Managing Director (DMD) of the IMF, Dr Kenji Okamura, commended the progress achieved by the Sri Lankan authorities despite significant global headwinds and domestic challenges. 

 

The DMD acknowledged that the conflict in the Middle East has had asymmetric impacts across countries and emphasised that financial support measures to address these challenges should be well-targeted and time-bound. 

 

He further underscored the importance of restoring cost-reflective energy pricing in a timely manner and encouraged sustaining reforms and policy discipline to strengthen resilience and support long-term growth, the central bank said in a statement.

 

The CBSL Governor expressed his appreciation to the IMF leadership for the flexibility shown in program parameters, particularly in light of the severe challenges faced by the country following the recent cyclone in Sri Lanka and evolving geopolitical developments. 

 

He reiterated Sri Lanka’s continued commitment to undertaking reforms to enhance resilience, stability, and sustained economic growth.

 

src=https://scontent.fcmb12-1.fna.fbcdn.net/v/t39.30808-6/672320939_1365777982251195_2860110818287425483_n.jpg?_nc_cat=102&ccb=1-7&_nc_sid=13d280&_nc_ohc=N2uXoFpLmgEQ7kNvwEmtfxo&_nc_oc=AdocRbkLBsdAQbHpOGUoZ4mzI_bjxw9pKejED1vkz9Uwx5T19kOjui4rf4lzJj1W66Y&_nc_zt=23&_nc_ht=scontent.fcmb12-1.fna&_nc_gid=jQ2Nd1VtSf8537wRXNINGQ&_nc_ss=7a3a8&oh=00_Af3PL-1G5KI3MRLvN1BSqkWJaRWPg3XhcyymzYKs0uLpYA&oe=69E7D2DB

 

src=https://scontent.fcmb12-1.fna.fbcdn.net/v/t39.30808-6/670328008_1365777978917862_5018027695183566376_n.jpg?_nc_cat=106&ccb=1-7&_nc_sid=13d280&_nc_ohc=4Aq1tTfmMNYQ7kNvwFMeXGo&_nc_oc=Adrpr5XAkrKoxcWEwLBMX-qYRy-r40aY6DUjybk11uxgxAaRK0o0AwYtYmuGDDBgdBM&_nc_zt=23&_nc_ht=scontent.fcmb12-1.fna&_nc_gid=e_irHQW6hR-A1XsFkYue9Q&_nc_ss=7a3a8&oh=00_Af3tRp5K6O2gH3XtZLfYGFNOzaCL6R23oJlQrZ0jVN7ZGg&oe=69E7E930

 

 

 

 

 

MostRead
Mobitel Upahara
VideoStories
“Govt. seeking a one-party rule” - Sajith also opposes govt. move to extend retirement age of judges

“Govt. seeking a one-party rule” - Sajith also opposes govt. move to extend retirement age of judges

“Modern rulers cannot tolerate the saffron robe ”Maha Sangha calls for protection of Buddhasasana

“Modern rulers cannot tolerate the saffron robe ”Maha Sangha calls for protection of Buddhasasana

Cabinet approves contentious proposal to extend retirement age of all judges

Cabinet approves contentious proposal to extend retirement age of all judges

Government will not expand paddy cultivation - Minister Lalkantha

Government will not expand paddy cultivation - Minister Lalkantha

Sri Lanka on El Niño alert: Rains expected in Oct-Nov, heat waves not expected in Sri Lanka

Sri Lanka on El Niño alert: Rains expected in Oct-Nov, heat waves not expected in Sri Lanka

BASL condemns MP Asitha Niroshana’s allegations as "false and malicious"

BASL condemns MP Asitha Niroshana’s allegations as "false and malicious"

 Sri Lanka’s dengue death toll rises to 61 as cases exceed 80,000

Sri Lanka’s dengue death toll rises to 61 as cases exceed 80,000

No-confidence motion against Justice Minister defeated in Parliament with majority of 116 votes

No-confidence motion against Justice Minister defeated in Parliament with majority of 116 votes

Sri Lanka hit by 10% tariff as US launches fresh  'forced labour' duties on 60 trading partners

Sri Lanka hit by 10% tariff as US launches fresh 'forced labour' duties on 60 trading partners

Dengue cases in Sri Lanka surpasses 80,000as death toll rises to 59

Dengue cases in Sri Lanka surpasses 80,000as death toll rises to 59

‘Colombo Literary Festival 2026’ begins at Arcade Independence Square today

‘Colombo Literary Festival 2026’ begins at Arcade Independence Square today

MP Ajith P. Perera accuses govt of failing to fulfil pre-election promises to the people

MP Ajith P. Perera accuses govt of failing to fulfil pre-election promises to the people

Investigating into Negombo Prison clash continuing; Statements recorded from nearly 1,000 so far CID

Investigating into Negombo Prison clash continuing; Statements recorded from nearly 1,000 so far CID

Sri Lanka may face both drought and heavy rainfall? Authorities urge early preparedness

Sri Lanka may face both drought and heavy rainfall? Authorities urge early preparedness

Appeals Court defers further consideration of ex-President Gotabaya’s petition until Aug. 3

Appeals Court defers further consideration of ex-President Gotabaya’s petition until Aug. 3

Lassana Flora