SriLanka, May 27 -- The International Monetary Fund's Executive Board has completed the combined Fifth and Sixth Reviews of Sri Lanka's Extended Fund Facility, unlocking immediate access to SDR 508 million (approximately US$695 million) to bolster the country's economic policies and reforms.
Performance under the program has been described as broadly strong. Key prior actions, including restoring fuel and electricity cost-recovery pricing, were successfully implemented. However, continuous performance criteria related to avoiding new external payment arrears and refraining from intensifying import restrictions were not observed. All quantitative performance targets for end-December 2025 were met, while most structural benchmarks were achie...