IMF Bailout for Sri Lanka Unchanged Despite Cyclone Ditwah Devastation
Agency Feeds
N
News18•28-01-2026, 18:45
IMF Bailout for Sri Lanka Unchanged Despite Cyclone Ditwah Devastation
- •The IMF confirmed its Extended Fund Facility (EFF) for Sri Lanka will continue without changes, despite the economic impact of Cyclone Ditwah.
- •IMF representatives met President Anura Kumara Dissanayake, acknowledging Sri Lanka's economic progress despite the disaster.
- •Discussions for the sixth tranche release, approximately USD 330 million from the USD 2.9 billion bailout, will resume in March.
- •Sri Lanka sought an additional USD 200 million outside the EFF for disaster aid, delaying the fifth tranche release.
- •The Dissanayake government's fiscal discipline and a LKR 500 billion supplementary estimate for recovery were commended by the IMF.
Why It Matters: IMF's bailout for Sri Lanka remains on track, commending the government's fiscal management despite Cyclone Ditwah.
✦
More like this
Loading more articles...
