The IMF and Sri Lanka have reached a staff-level agreement that could unlock about $345 million in funding. The deal supports Sri Lanka’s ongoing economic reform programme and could provide additional financial stability as the country continues its recovery.

IMF staff and Sri Lankan authorities reached a staff-level agreement on economic policies needed to complete the seventh review of the country's Extended Fund Facility programme. Once the review receives IMF Executive Board approval, Sri Lanka would gain access to about $345 million in financing. The agreement continues the country's reform programme following its severe economic crisis, with fiscal stability and debt sustainability remaining central priorities. The financing is not yet disbursed because completion of the review still requires management and Executive Board approval.