A delegation from Sri Lanka, headed by Central Bank Governor Nandalal Weerasinghe, engaged in talks with high-ranking officials from the International Monetary Fund (IMF) and the World Bank Group, as well as rating agencies and investors, during the 2026 Spring Meetings.

IMF Managing Director Kristalina Georgieva extended her congratulations to Sri Lanka for successfully reaching a staff-level agreement regarding the fifth and sixth reviews under the Extended Fund Facility (EFF). She reaffirmed the IMF’s ongoing commitment to support the nation’s economic recovery initiatives.

In his remarks, IMF Deputy Managing Director Kenji Okamura praised the advancements made by Sri Lankan authorities amidst prevailing global uncertainties and domestic hurdles. He highlighted that the current geopolitical tensions, especially in the Middle East, have had varying effects on different countries. Okamura emphasized the necessity for any financial assistance measures to be specifically targeted and time-sensitive. He also pointed out the critical need to restore cost-reflective energy pricing promptly, while ensuring that the momentum for reforms continues to fortify economic resilience and promote long-term growth.

Governor Weerasinghe conveyed his gratitude for the IMF’s adaptive approach regarding program parameters, particularly considering recent adversities, such as the impact of cyclones and shifting global circumstances. He reaffirmed Sri Lanka’s dedication to pursuing reforms that aim to secure stability, resilience, and sustainable growth.

Financial Chronicle Biz English | Sri Lanka Business News.