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IMF asks Sri Lanka to beef up anti-graft operations

The International Monetary Fund asked cash-strapped Sri Lanka on Thursday to strengthen its anti-corruption agency and accelerate prosecutions after a review of a...

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IMF warns Sri Lanka’s public finances remain highly vulnerable to shocks

The International Monetary Fund (IMF) has cautioned that Sri Lanka’s public finances continue to be highly vulnerable to both external and internal shocks,...

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IMF flags delays in bilateral agreements as threat to investor confidence

The International Monetary Fund (IMF) has informed Sri Lanka to expedite the finalisation of bilateral agreements with its remaining official and commercial creditors,...

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Revenue gaps threaten Sri Lanka’s path to stability, IMF warns

An International Monetary Fund (IMF) mission led by Evan Papageorgiou, IMF Mission Chief for Sri Lanka, concluded a five-day visit to Colombo today,...

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IMF says Gita Gopinath leaving at end of August to return to Harvard

Gita Gopinath, the number two official at the International Monetary Fund, will leave her post at the end of August to return to...

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Sri Lanka to introduce property taxes in 2027

Sri Lanka will introduce a nationwide property tax system by the first quarter of 2027, as part of the government’s ongoing fiscal reform...

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Sri Lanka to exit IMF programme by end of 2027, says Bimal

Minister Bimal Rathnayake announced that Sri Lanka will formally withdraw from the International Monetary Fund (IMF) programme by December 2027.  Speaking at a...

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IMF flags data misreporting by Sri Lankan Govt

The International Monetary Fund (IMF) Executive Board has reviewed Sri Lanka’s inadvertent provision of inaccurate data regarding the central government’s stock of expenditure...