The Ceylon Chamber of Commerce has commended the Government for successfully completing the third review under the IMF Extended Fund Facility (EFF) Arrangement, securing the IMF Board’s approval and subsequent disbursement. This milestone provides vital support for Sri Lanka’s economic recovery.
The Chamber is pleased that two key macroeconomic priorities outlined in its 10-Point Focused Plan (September 2024) have been realised:
1. Completion of external debt restructuring.
2. Implementation of credible fiscal policy changes in the 2025 National Budget.
As Sri Lanka enters the second half of its IMF programme, the Chamber urges the Government to accelerate structural reforms, including:
• Trade facilitation and a National Single Window.
• Advancing Digital ID and Digital Public Infrastructure.
• Enacting the Economic Transformation Act.
• Enhancing governance reforms and widening the tax net.
The Ceylon Chamber remains committed to supporting policies that drive sustainable economic growth.
