IMF approves USD 206 Mn in emergency financial support for Sri Lanka - DailyNews

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Source: Daily News
Published: 2025-12-22 06:56 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Natural Disasters, Economy & Finance, Sri Lanka, Tax & Budget
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Snippet:
The Executive Board of the International Monetary Fund (IMF) approved a disbursement of SDR150.5 million (about US$206 million, equivalent to 26 percent of quota) for Sri Lanka under the Rapid Financing Instrument (RFI). This emergency support will help address urgent balance-of-payments and fiscal pressures arising from the catastrophic Cyclone Ditwah, which hit the country on November 28.
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