IMF support for Sri Lanka is conditional on the country maintaining fiscal discipline.
6 reports, 2 independent
Updated Sep 12
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What happened
IMF support for Sri Lanka is conditional on the country maintaining fiscal discipline.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Sri Lanka's fiscal model is unable to match the support structure provided by South Korea.Sub-event
- The IMF pushed for the implementation of a property tax in Sri Lanka in early 2023.Sub-event
- The government of Sri Lanka has been adhering to the IMF's required austerity measures since early July.Sub-event
Revenue decline threatens Sri Lanka's ability to meet IMF fiscal discipline requirements.1 source
IMF requires Sri Lanka to adhere to fiscal discipline for financial support.1 source
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The entities involved
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International Monetary Fund
international financial institution
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Sri Lanka
island country in South Asia
Related events
- The International Monetary Fund (IMF) conducted a review of Sri Lanka's economic stability and debt management.
- The government of Sri Lanka is pursuing structural reforms as part of the ongoing program with the International Monetary Fund.
- IMF supported stabilization efforts in Sri Lanka as the President presented the nation's economic future.
- The IMF has targeted weakening Sri Lanka's bargaining position during the ongoing economic program review.
- People's Bank operates within the Sri Lankan financial sector while undergoing IMF-supported reform program.