The International Monetary Fund (IMF) has expressed its commitment to continue supporting Sri Lanka's economic recovery efforts, following the election of President Anura Kumara Dissanayake.
An IMF spokesperson stated, "We look forward to working together with President Dissanayake and his team towards building on the hard-won gains that have helped put Sri Lanka on a path to economic recovery since entering one of its worst economic crises in 2022."
The IMF also acknowledged the recent progress in Sri Lanka’s debt restructuring process. "We welcome the announcement of an agreement in principle between Sri Lanka and international bondholders’ representatives, subject to confirmation on comparability of treatment by Sri Lanka’s Official Creditors Committee. This represents significant progress in Sri Lanka's debt restructuring process."
The spokesperson added that discussions regarding the timing of the third review of the IMF-supported program will take place with the new administration as soon as possible.