In a recent executive board meeting, the International Monetary Fund (IMF) lauded Sri Lanka for its commendable achievements in successfully completing the first review under its program. The global financial institution acknowledged the nation’s positive start and unwavering commitment to implementing challenging reforms that have significantly impacted the domestic population.

During the meeting, IMF directors commended Sri Lanka for its courage in taking proactive measures to improve governance, particularly highlighting the publication of the governance diagnostic. This groundbreaking effort is considered a pioneering initiative in Asia, reflecting Sri Lanka’s dedication to transparency and accountability in its economic and administrative practices.

A delegation from the International Monetary Fund (IMF) has recently landed in Sri Lanka to engage in crucial discussions with key stakeholders. The team held meetings with officials from the Finance Ministry and the Central Bank and is scheduled to have a significant meeting with President Ranil Wickremesinghe. Their visit, which began on January 11, is expected to extend until January 19.