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Saturday, 16 February 2019 - 8:00
IMF team in Sri Lanka to decide on the loan instalment
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Representatives of the International Monetary Fund arrived in Sri lanka to discuss the granting of the 5th tranche of the 1.5 billion dollar fund facility that was postponed due to the political crisis in October.

The International Monetary Fund had approved the three-year extended arrangement on June 3rd, 2016, in the amount of about 1.5 billion dollars in six instalments.

Secretary to the Ministry of Finance and Mass Media Dr R. H. S. Samaratunga said four instalments of this loan have been disbursed in the amount of 759.9 million dollars.

After completion of the fifth review Sri Lanka is expected to receive a fifth tranche of about 250 million dollars.
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