IMF reaches staff-level agreement with Sri Lanka for about $345 million in financing

The Economic Times reports that the staff-level agreement follows the seventh review of Sri Lanka’s IMF program and could make about $345 million available. The disbursement depends on IMF board approval, a 2027 budget in line with program terms and a financing-assurances review. The IMF says it would bring total disbursements under the program to about $2.7 billion.