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Saturday, 02 June 2018 - 8:33
IMF approves 4th installment of EFF
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Executive Board of the International Monetary Fund has completed the fourth review of Sri Lanka’s economic performance under the program supported by a three-year Extended Arrangement under the Extended Fund Facility (EFF) arrangement.

The IMF said that the completion of this review enables the disbursement of about US $ 252 million, bringing total disbursements under the arrangement to the equivalent of about US$ 1,014 million.

Sri Lanka’s three-year extended arrangement was approved on June 3, 2016, in the amount of about US $1.5 billion.

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