Sri Lanka reached a Staff-Level Agreement with the IMF in September on a USD 2.9 billion arrangement under the Extended Fund Facility. The next hurdle towards Executive Board approval and disbursements is the requirement for the country to seek financing assurances from creditors, which might prove trickier than anticipated.
Sri Lanka's IMF program: connecting the dots
Sri Lanka's IMF program: connecting the dots
Sri Lanka's IMF program: connecting the dots
Sri Lanka reached a Staff-Level Agreement with the IMF in September on a USD 2.9 billion arrangement under the Extended Fund Facility. The next hurdle towards Executive Board approval and disbursements is the requirement for the country to seek financing assurances from creditors, which might prove trickier than anticipated.