Sri Lanka’s financial system has entered a path in the direction of stability, and the federal government plans to make use of these positive factors to enhance folks’s dwelling requirements and help long-term financial transformation, President Anura Kumara Dissanayake mentioned.
The President made the remarks throughout a gathering on the Presidential Secretariat in Colombo this morning (September 17) with an Worldwide Financial Fund (IMF) delegation led by Mission Chief Evan Papageorgiou.
The IMF delegation is in Sri Lanka for the seventh evaluate of the nation’s Prolonged Fund Facility (EFF) programme and the 2026 Article IV Session. The mission is scheduled to stay in Colombo from September 10 to 23.
President Dissanayake mentioned latest financial indicators clearly present that the nation is shifting in the direction of stability. He mentioned the federal government’s goal is to make use of this stability as a robust basis for a brand new interval of financial transformation.
He additionally mentioned the federal government desires the financial positive factors achieved thus far to assist ease the monetary burden on the general public and enhance dwelling requirements.
Papageorgiou mentioned Sri Lanka had made important financial progress and recommended the nation’s efforts to take care of fiscal self-discipline, improve authorities income and entice international funding.
He additionally burdened the significance of defending the financial stability achieved as far as the nation strikes into 2027 and past.
President Dissanayake mentioned the programme carried out by the federal government along with the IMF had supplied an vital basis for attaining financial stability.
He mentioned this stability had additionally helped Sri Lanka cope with the financial results of Cyclone Ditwah and the influence of the battle within the Center East.
The President mentioned Sri Lanka recorded financial development of 4.2% within the second quarter of 2026, describing it as an vital signal that the financial system is recovering and increasing.
He additionally referred to the federal government’s tax income assortment efficiency in the course of the previous two years and reiterated that the federal government intends to guard the financial stability achieved with IMF help.
The IMF delegation famous the progress made in implementing Sri Lanka’s social welfare profit programme, which is a crucial a part of the IMF-supported programme.
The assembly additionally mentioned the difficulties confronted by the general public on account of larger power prices linked to the battle within the Center East.
The IMF delegation included Enrique Flores Curiel, Dinar Prihardini, Ursula Wiriadinata, Ozlem Aydin, Yorbol Yakhshilikov, Klakow Akepanidtaworn, Yan Chen, Martha Woldemichael, IMF Resident Consultant, and Manavee Abeyawickrama, Native Economist.
Sri Lanka was represented by Central Financial institution Governor Dr. P. Nandalal Weerasinghe; Secretary to the Ministry of Finance, Planning and Financial Improvement Dr. Harshana Suriyapperuma; Senior Financial Advisor to the President Duminda Hulangamuwa; and Senior Extra Secretary to the President for Finance and Financial Affairs G.M.R.D. Aponsu.
The IMF’s newest programme paperwork verify that the seventh EFF evaluate is linked to end-June 2026 efficiency standards and kinds a part of Sri Lanka’s four-year IMF-supported reform programme.
