The Economic Times

IMF stands ready to support Sri Lanka as economy improves, debt restructuring nears completion

The International Monetary Fund has expressed readiness to support Sri Lanka in its economic recovery efforts. Sri Lanka's macroeconomic situation shows significant improvement, with strong fiscal performance and nearly complete debt restructuring. A staff-level agreement was recently reached to unlock $345 million in financing for the country. The IMF will also engage with Sri Lankan authorities for additional financial arrangements and policy advice.