However, Finance State Minister Shehan Semasinghe said Sri Lankan officials are collaborating closely with the IMF team throughout this process to overcome the challenges ahead.

The Sri Lankan government is fully committed to establishing a sustainable economy, Semasinghe assured. “”

Semasinghe notes that this review is a significant milestone towards securing the second tranche of and enhancing confidence in Sri Lanka’s economic recovery.

He added that the successful completion of the first IMF review puts the country in a strong position for economic recovery and sets a promising pathway for growth in 2024.