Executive Board
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April 29, 2015
November 27, 2013
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July 20, 2012

Sri Lanka: Financial Position in the Fund

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Sri Lanka and the IMF
Updated February 11, 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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August 01, 2009 -- Measures of Underlying Inflation in Sri Lanka
Author/Editor: Gupta, Souvik | Saxegaard, Magnus
Series: Working Paper No. 09/167
July 29, 2009 -- IMF Survey: IMF to Lend $2.6 Billion to Sri Lanka
The IMF will lend $2.6 billion to Sri Lanka to help it recover from the impact of the global financial crisis and return the South Asian country to long-term, sustainable growth after almost three decades of war.
July 29, 2009 -- IMF Survey: Sri Lanka to Use IMF Loan to Reform Economy After Conflict
The IMF has approved a 20-month Stand-By Arrangement for Sri Lanka providing the South Asian island nation with a $2.6 billion loan to help reform the economy following the end of its extended conflict.
July 27, 2009 -- Transcript of a Conference Call on Sri Lanka With Brian Aitken, Mission Chief for Sri Lanka of the IMF’s Asia and Pacific Department
July 24, 2009 -- Press Release: IMF Executive Board Approves US$2.6 Billion Stand-By Arrangement for Sri Lanka
July 20, 2009 -- Press Release: IMF Announces Staff-Level Agreement with Sri Lanka on US$ 2.5 Billion Stand-By Arrangement
July 16, 2009 -- Sri Lanka -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, July 16, 2009
PDF File Size: 474Kb
July 16, 2009 -- Transcript of a Press Briefing by Caroline Atkinson, Director, External Relations, IMF
July 02, 2009 -- Transcript of a Press Briefing by Caroline Atkinson, Director, External Relations, International Monetary Fund
July 01, 2009 -- International Financial Statistics, July 2009
Series: Volume 62, No. 7
June 19, 2009 -- Transcript of IMF's Bi-Weekly Press Briefing by Caroline Atkinson, Director of External Relations Department
May 21, 2009 -- Transcript of a Press Briefing by Caroline Atkinson, Director, External Relations, International Monetary Fund
May 04, 2009 -- International Financial Statistics, May 2009
Series: Volume 62, No. 5
April 25, 2009 -- IMFC Statement by Mr. Duvvuri Subbarao, Alternate Governor,(On behalf of Mr. Palaniappan Chidambaram, Home Minister of India)
On behalf of: Bangladesh, Bhutan, India, Sri Lanka. PDF File Size: 430Kb
April 01, 2009 -- International Financial Statistics, April, 2009
Series: Volume 62, No. 4
March 26, 2009 -- Press Briefing by Caroline Atkinson, Director, External Relations Department, International Monetary Fund
March 12, 2009 -- Transcript of a Press Briefing by David Hawley, Senior Advisor, External Relations Department, International Monetary Fund
March 05, 2009 -- IMF Survey: Poor Countries Need Extra Help to Get Through Global Crisis
A new IMF study finds that at least $25 billion in urgent concessional financing will be needed this year to help low-income countries affected by the deepening global economic crisis and prevent millions from falling back into poverty.
February 02, 2009 -- International Financial Statistics, February 2009
Series: Volume 62, No. 02
December 16, 2008 -- Developing Essential Financial Markets in Smaller Economies : Stylized Facts and Policy Options
Series: Occasional Paper No. 265

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