Sri Lanka’s performance ‘very strong’; IMF officials commend progress

03-Apr-2026

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International Monetary Fund (IMF) officials have stated that Sri Lanka’s performance under the Extended Fund Facility (EFF) programme remains very strong, while stressing that it is essential to continue with sustainable reforms.

IMF officials led by Evan Papageorgiou, who are currently in Sri Lanka to conduct the fifth and sixth reviews of the EFF programme, met Speaker Jagath Wickramaratne and Deputy Speaker Rizvi Salih on April 2.

During the meeting, the Speaker expressed gratitude for the continued support extended by the IMF towards Sri Lanka’s economic recovery efforts.

He also pointed out that Sri Lanka’s 10th Parliament has been formed as a strong and inclusive legislature with a two-thirds majority.

Emphasising Sri Lanka’s commitment to fulfilling the obligations of the IMF’s Extended Fund Facility programme, the Speaker highlighted the importance of maintaining strong fiscal and monetary policies.

The Speaker further briefed IMF officials on steps taken to enact key legislation such as the Public Finance Management Act and the Anti-Corruption Act, stating that such laws are vital to ensure fiscal discipline and good governance.

In response, Evan Papageorgiou noted that Sri Lanka’s performance under the EFF programme has been very strong and reiterated the need to continue sustainable reforms.

Special attention was also paid during the discussion to the possible impact on Sri Lanka’s economy arising from ongoing conflicts in the Middle East.