IMF vows continued support for Sri Lanka

October, 15, 2026

Reuters - The International Monetary Fund stood ready to support Sri Lanka "in any way ​they desired, as appropriate," Sonali Jain-Chandra, deputy ‌director of its Asia and Pacific Department, said on Thursday.

  • Sri Lanka's macroeconomic situation is "much improved," with its ​fiscal performance very strong and debt ​restructuring largely complete, Jain-Chandra said in a ⁠press conference during the IMF meetings in ​Bangkok
  • She also said important improvements were made on ​structural issues, including governance
  • Earlier this month, the IMF reached a staff-level agreement with Sri Lanka on the seventh review ​under its Extended Fund Facility to unlock ​financing of about $345 million
  • Upon completion of the review, Sri ‌Lanka ⁠will have access to the IMF's special drawing rights equivalent to about $345 million
  • Jain-Chandra said the agreement will be considered by the IMF's board ​in the ​coming weeks ⁠and will be followed by another review mission to take place ​before the programme expires in March
  • ​Beyond ⁠the agreement, the IMF will continue to engage with Sri Lanka's authorities, including support through ⁠a ​new financial arrangement and policy ​advice in the form of surveillance or capacity development, Jain-Chandra ​said

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