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Govt. reiterates commitment to reforms ahead of $700 m IMF tranche
May 22, 2026
|Daily FT
Deputy Finance and Planning Minister Dr. Anil Jayantha Fernando stresses foreign exchange position will be strengthened with healthy inflows expected; Remains committed to fiscal reforms, targets to achieve 2032 debt-toGDP goal by end-2026
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DEPUTY Finance and Planning Minister Dr. Anil Jayantha Fernando yesterday said the Government expects to receive the next $ 700 million tranche under the International Monetary Fund's (IMF) Extended Fund Facility (EFF) program on 27 May, while expressing confidence that continued multilateral inflows, fiscal discipline, and ongoing reforms would help strengthen Sri Lanka's foreign exchange position despite external shocks linked to the Middle East conflict.
Speaking in Parliament, Dr. Fernando said Sri Lanka was continuing efforts to strengthen foreign exchange inflows through exports, workers' remittances, and international financial assistance.
He expressed confidence that the IMF Executive Board would approve the release of the next tranche later this month under Sri Lanka's EFF program.
The Deputy Minister also said Sri Lanka expects to secure up to $480 million from the Asian Development Bank (ADB) during 2026.
هذه القصة من طبعة May 22, 2026 من Daily FT.
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