President, IMF discuss Extended Fund Facility

Details of this review are expected to be presented to the IMF's Board of Directors

A comprehensive discussion regarding the progress of the Extended Fund Facility (EFF) agreed upon with the International Monetary Fund (IMF) took place yesterday (06) at the Presidential Secretariat, between President Anura Kumara Dissanayake and the IMF delegation.

The current government has already reached a staff-level agreement with the IMF on the third review regarding the extended arrangement under the Extended Fund Facility (EFF) of USD 3 billion.

The details of this review are expected to be presented to the International Monetary Fund’s Board of Directors by the end of this month.