IMF approves second review of Sri Lanka s bailout package - FM

INSUBCONTINENT EXCLUSIVE:
Lanka will soon reach agreements with external commercial creditors consistent with program parameters.On March 21, IMF staff and the Sri
Lankan authorities reached staff-level agreement on economic policies to conclude the second review of the economic reform program and also
expected to unlock the third tranche of approximately USD 330 million, which would further enhance confidence in our ongoing economic
will approve the release of the third tranche under the Extended Fund Facility (EFF) programme today (12).Commenting regarding the matter,
Assistant Governor of the CBSL Dr
Amarasekara made this remark while speaking during an event held to brief heads of media on progress of economic reforms in the Department
of Government Information (DGI) this morning (12).