Rakitha Abhayaratne on 6 September, 2022

CPA statement regarding the IMF agreement with the Govt. of Sri Lanka

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The Centre for Policy Alternatives (CPA) welcomes the announcement that the International Monetary Fund (IMF) has reached an agreement with the Government of Sri Lanka on an Extended Fund Facility Arrangement to support economic adjustment and reform policies equivalent to USD 2.9 billion over 48 months.  We understand that an international creditors conference, the implementation of certain measures domestically, and the agreement of the IMF’s Board of Directors are necessary before any money can be disbursed.

Read the full statement in English here.

Read the full statement in Sinhala here.

Read the full statement in Tamil here.