The International Monetary Fund (IMF) has praised Sri Lanka’s swift policy measures in responding to the economic challenges arising from the ongoing conflict in the Middle East, stating that the actions helped safeguard the country’s macroeconomic and social stability.
Speaking at a media briefing held at the Central Bank of Sri Lanka today (30), IMF Mission Chief for Sri Lanka, Evan Papageorgiou, said the authorities had taken timely steps to mitigate the impact of external shocks despite growing geopolitical uncertainties.
The media briefing marked the conclusion of the IMF delegation’s latest visit to Sri Lanka.
Papageorgiou also announced that discussions on the seventh review of Sri Lanka’s IMF-supported Extended Fund Facility (EFF) programme are expected to begin later this year.
He emphasized that maintaining the country’s reform agenda remains critical to securing long-term economic stability and strengthening investor confidence.
The IMF Mission Chief noted that external risks continue to pose challenges to the global economy, making it essential for Sri Lanka to remain committed to implementing structural reforms and prudent economic policies.
He further stated that the measures adopted by Sri Lankan authorities in response to developments in the Middle East have been appropriate and have contributed to maintaining economic resilience during a period of heightened global uncertainty.
