- The World Bank and International Monetary Fund jointly launched a $2 billion Country Partnership Framework for Sri Lanka.
- The IMF and World Bank track global capital flows in Sri Lanka, while the Board of Investment reports investment data.
- The World Bank determined income classifications based on GNI, while the IMF bailout program is central to restoring macroeconomic order in Sri Lanka.
The IMF program for Sri Lanka shifted its focus from promoting growth to achieving stabilization.
1 report, 1 independent
Updated Jul 1
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What happened
The IMF program for Sri Lanka shifted its focus from promoting growth to achieving stabilization.
Who's involved
What this event is mainly aboutKeep exploring
Part of
The World Bank determined income classifications based on GNI, while the IMF bailout program is central to restoring macroeconomic order in Sri Lanka.Also in this story
- The International Monetary Fund and World Bank commended Sri Lanka's economic recovery.
- The World Bank upgraded Sri Lanka's income status, moving the country from crisis to recovery via the EFF program.
- The World Bank assessed poverty levels in Sri Lanka, with data corroborated by the International Food Policy Research Institute.
The entities involved
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International Monetary Fund
international financial institution
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Ranil Wickremesinghe
9th President of Sri Lanka from July 2022 to September 2024
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- PM defends commitment to IMF recovery programme.
- IMF projects high inflation and rising unemployment.