Executive Board
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Sri Lanka: Financial Position in the Fund

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Sri Lanka and the IMF
Updated February 5, 2016

On November 13, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the Fourth Post-Program Monitoring (PPM) with Sri Lanka.

Post-Program Monitoring provides for closer monitoring (usually twice a year) of the circumstances and policies of members whose Fund-supported program has expired but that continue to have significant Fund credit outstanding. It is intended to provide an early warning of policies which could call into question a member’s continued progress toward external viability and thus could imperil Fund resources, and a mechanism for bringing this to the attention of the country’s authorities and the Executive Board and stimulating action to improve the situation. IMF economists visit the member country, usually twice a year, to collect and analyze data and hold discussions with government and central bank officials. Upon its return, the staff submits a report to the IMF’s Executive Board for discussion. The Board’s views are subsequently summarized and transmitted to the country's authorities.

The Sri Lankan authorities have indicated that more time is required to give consent to publish the staff report for the Fourth Post Program Monitoring Discussion.



The last Article IV Executive Board Consultation was on May 01, 2013. Listed below are items related to Sri Lanka, in reverse chronological order (you can also view items by category).

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June 19, 2010 -- Sri Lanka -- Letter of Intent and Technical Memorandum of Understanding, June 19, 2010
PDF File Size: 487Kb
May 21, 2010 -- Press Release: Statement at the Conclusion of the IMF Staff Mission to Sri Lanka
April 24, 2010 -- IMFC Statement by Duvvuri Subbarao, Governor, Reserve Bank of India
On behalf of: Bangladesh, Bhutan, India, Sri Lanka. PDF File Size: 355Kb
April 21, 2010 -- Transcript of a Press Briefing on the International Monetary Fund’s World Economic Outlook by Olivier Blanchard, Economic Counsellor and Director of the Research Department, with Jörg Decressin, Assistant Director, Petya Koeva Brooks, Chief of the World Economic Studies Division, and Abdul Abiad, Senior Economist in the World Economic Studies Division
April 13, 2010 -- International Financial Statistics, April 2010
Series: Volume 63, No. 4
February 25, 2010 -- Press Release: Statement at the Conclusion of an IMF Staff Mission to Sri Lanka
December 04, 2009 -- Press Release: Statement at the Conclusion of an IMF Staff Mission to Sri Lanka
December 01, 2009 -- International Financial Statistics, December 2009
Series: Volume 62, No. 12
November 25, 2009 -- Press Release: IMF Announces Sale of 10 Metric Tons of Gold to the Central Bank of Sri Lanka
November 09, 2009 -- Transcript of a Press Conference Call with International Monetary Fund Resident Representative for Sri Lanka Koshy Mathai on the Completion of the IMF's First Review Under Sri Lanka's Stand-By Arrangement
November 06, 2009 -- Press Release: IMF Executive Board Completes First Review Under Stand-By Arrangement with Sri Lanka and Approves US$329.4 Million Disbursement
November 06, 2009 -- IMF Survey: IMF Loan Helps Sri Lankan Reconstruction Drive
A loan from the IMF is helping rebuild confidence in Sri Lanka’s economy as it recovers from conflict and paves the way for donor assistance in its reconstruction effort.
November 05, 2009 -- Letter from IMF Managing Director Strauss-Kahn to Human Rights Watch
November 04, 2009 -- Sri Lanka: Request for Stand-By Arrangement -Staff Report; Staff Supplements; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Sri Lanka
Series: Country Report No. 09/310
October 30, 2009 -- Sri Lanka -- Letter of Intent and Technical Memorandum of Understanding, October 30, 2009
PDF File Size: 455Kb
October 30, 2009 -- International Financial Statistics, November 2009
Series: Volume 62, No. 11
October 06, 2009 -- Statement by the Hon. Sarath Amunugama, Governor of the World Bank Group and the IMF for Sri Lanka, at the Joint Annual Discussion
PDF File Size: 265Kb
October 04, 2009 -- IMFC Statement by Mr. Pranab Mukherjee, Minister of Finance of India
On behalf of: Bangladesh, Bhutan, India, Sri Lanka. PDF File Size: 445Kb
September 22, 2009 -- Press Release: Statement at the Conclusion of an IMF Staff Mission to Sri Lanka
August 01, 2009 -- Measures of Underlying Inflation in Sri Lanka
Author/Editor: Gupta, Souvik | Saxegaard, Magnus
Series: Working Paper No. 09/167

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