Ceylon Chamber welcomes IMF review approval, urges continued reform momentum amid external pressures
Sri Lanka, May 29 -- The Ceylon Chamber of Commerce has issued a statement welcoming and commending the Government of Sri Lanka on the successful completion and approval of the 5th and 6th reviews under the International Monetary Fund (IMF) Extended Fund Facility (EFF) programme.
The Chamber stated that this milestone enables Sri Lanka to access approximately USD 695 million in financing support, thereby reinforcing confidence in the country's ongoing economic recovery and reform agenda.
It further noted that, at a time of heightened global uncertainty and external sector pressures arising from the conflict in the Middle East, the approval sends a strong positive signal to markets, investors, and the private sector.
The Chamber emphasi...
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