The U.S. Ambassador to Sri Lanka Julie Chung tweeted and says that they are pleased to learn that Sri Lanka has reached a provisional agreement with the IMF. She further says that the US stands ready to assist.
“Pleased to learn that Sri Lanka has reached a provisional agreement with the IMF. The IMF represents the best tools, approaches, and resources to enable Sri Lanka to overcome the ongoing economic crisis. The US stands ready to assist”
IMF team said the Sri Lankan authorities and the IMF team have reached staff-level agreement to support the authorities’ economic adjustment and reform policies with a new 48-month Extended Fund Facility (EFF) with a requested access of about SDR 2.2 billion (equivalent to US$2.9 billion).
