Fifth IMF Review Scheduled for September – Julie Kozack

27-Jul-2025

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The fifth review of Sri Lanka’s Extended Fund Facility (EFF) is expected to take place in September 2025, said Julie Kozack, Director of Communications at the International Monetary Fund (IMF).

At a press briefing, Kozack stated, “Although Sri Lanka’s economic outlook is positive, global market volatility and economic uncertainties pose potential risks.” She added that these factors will be evaluated during the upcoming review.

On July 1, the IMF Executive Board concluded the fourth review and approved the disbursement of $350 million, bringing total IMF assistance to $1.74 billion.

Sri Lanka’s post-crisis economic reforms have yielded encouraging results, including reduced inflation, increased revenue, and improved foreign reserves. 

The IMF aims to help Sri Lanka achieve 5% economic growth in 2024. GDP growth rebounded from -8.2% in 2022 to 13.5% in 2024.