The Worldwide Financial Fund (IMF) has determined to prioritise Sri Lanka’s request for USD 200 million beneath the Fast Financing Instrument (RFI) to assist the nation deal with the challenges arising from the destruction attributable to Cyclone Ditwah.
The IMF said that the help provided beneath the Fast Financing Instrument is a further monetary facility supplied alongside the mortgage help granted to Sri Lanka beneath the Prolonged Fund Facility (EFF).
It has additionally been famous that an IMF group is scheduled to go to Sri Lanka within the first half of 2026 to renew discussions on finishing the fifth assessment of the Prolonged Fund Facility.
IMF’s Resident Consultant for Sri Lanka, Mr. Evan Papageorgiou, said final Friday that Sri Lanka had made an pressing request for about USD 200 million to assist stabilise the nation following the devastation attributable to Cyclone Ditwah and that the IMF is presently reviewing this request.
