The Finance Ministry said following the completion of the First Review under the 48-month Extended Fund Facility (EFF) of the International Monetary Fund (IMF), the Government received the second tranche under the EFF, amounting to $ 337 million on 14 December 2023.

Subsequently, multilateral development banks also disbursed the tranches earmarked under several program financing channels.

Accordingly, the Asian Development Bank (ADB) released a total of $ 200 million on 15 December 2023 for Financial Sector Stability and Reforms Program.

Further, the World Bank released the second tranche of $ 250 million under Sri Lanka Resilience, Stability and Economic Turnaround (RESET) Development Policy Operation (DPO) on 20 December 2023.