Sri Lanka should push ahead with reforms in Vision 2025, IMF recommends


The International Monetary Fund (IMF) says Sri Lanka should accelerate structural reforms need to bring transparency, accountability, and cost-efficiency to large state-owned enterprises and push ahead with their Vision 2025 to support Sri Lanka rapid and inclusive growth.

A staff team from the International Monetary Fund (IMF) led by Manuela Goretti visited Colombo during September 13-27, 2018 to hold discussions on the fifth review of the Sri Lanka’s economic program supported by a three-year Extended Fund Facility (EFF).At the end of the visit Ms. Goretti made the following statement: The mission made significant progress toward reaching a staff-level agreement with the government on completing the fifth review of the EFF. Discussions will continue during the Annual Meetings of the IMF and World Bank in October.