Sri Lanka met 25% of IMF commitments and failed 1 by March

Abstract

Sri Lanka had met 25% of the trackable programme commitments of the International Monetary Fund (IMF) programme as at the end of March 2023 but had failed on one. Many of the commitments met were classified as “prior actions” and met prior to the programme being approved by the IMF Board. The Failed Commitment is the establishment of an online transparency platform. Lack of Information is also a concern. As at end March, 9% of the identified commitments had their progress status in the tracker classified as “unknown”. This means the information required to make an assessment was not available.