Business Times

IMF team assessing Lankan economy

An IMF Review Mission is currently in town as part of the Standby Credit Arrangement (SBA) and also for a more, broader assessment of the Sri Lankan economy, IMF country representative Koshy Mathai told the Business Times.

“This time, the review mission led by Brian Aitken, has been meeting more people, officials as they are undertaking a broader review of the economy …. much more than the regular visits associated with the SBA, “ he said.

The IMF has so far given four tranches of over $300 million each under the $2.6 billion facility. The team is scheduled to meet the press on Monday at its routine interaction with the media.

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