The Executive Board of the International Monetary Fund (IMF) is scheduled to convene on December 15, 2025 to discuss and approve the Fifth Review of Sri Lanka’s Extended Fund Facility (EFF) programme.

Sri Lanka and the IMF reached a staff-level agreement in early October on the economic policies required to conclude the Fifth Review of the country’s reform programme supported under the EFF. A delegation from the IMF also visited Colombo on September 24 as part of the ongoing assessment process.

If the review receives approval from the IMF Executive Board, Sri Lanka will gain access to approximately US$347 million in additional financing, according to the Central Bank of Sri Lanka.

The IMF stated that economic reforms implemented by Sri Lankan authorities continue to support the country’s recovery, with inflation moving toward target, reserves increasing, and real GDP growth and revenue collection performing better than expected.

Sri Lanka’s Extended Fund Facility was initially approved by the IMF Executive Board on March 20, 2023, with a total value of SDR 2.3 billion (around US$3 billion). The Fifth Review will evaluate the progress made in implementing the commitments and reforms under the programme ahead of further disbursements.