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An Overview of IMF Extended Fund Facility
This article was compiled by Professor Udara Peiris and Raj Prabu Rajakulendran. Udara Peiris joined Oberlin in the fall of 2022. He was previously a tenured Associate Professor of Finance at HSE University (at the department ICEF) in Russia and has taught at the University of Warwick, and the University of Oxford (both in the UK). He was a research advisor to the Central Bank of Russia, consulted the Government of Sri Lanka, and presented his research at institutions including the IMF, Federal Reserve System, Bank of England, and Reserve Bank of Australia. His research has a strong policy focus and covers the nexus between the macroeconomy and the financial markets. Raj is a Lead Economist within the Economic Research Team at Verité Research. He specializes in providing in-depth analysis and expert insights on Sri Lanka's macroeconomic conditions and policies. His research areas include public finance, macroeconomics, debt sustainability, and economic governance.
Featured Insight
An Overview of IMF Extended Fund Facility
This article was compiled by Professor Udara Peiris and Raj Prabu Rajakulendran. Udara Peiris joined Oberlin in the fall of 2022. He was previously a tenured Associate Professor of Finance at HSE University (at the department ICEF) in Russia and has taught at the University of Warwick, and the University of Oxford (both in the UK). He was a research advisor to the Central Bank of Russia, consulted the Government of Sri Lanka, and presented his research at institutions including the IMF, Federal Reserve System, Bank of England, and Reserve Bank of Australia. His research has a strong policy focus and covers the nexus between the macroeconomy and the financial markets. Raj is a Lead Economist within the Economic Research Team at Verité Research. He specializes in providing in-depth analysis and expert insights on Sri Lanka's macroeconomic conditions and policies. His research areas include public finance, macroeconomics, debt sustainability, and economic governance.
Featured Insight
An Overview of IMF Extended Fund Facility
This article was compiled by Professor Udara Peiris and Raj Prabu Rajakulendran. Udara Peiris joined Oberlin in the fall of 2022. He was previously a tenured Associate Professor of Finance at HSE University (at the department ICEF) in Russia and has taught at the University of Warwick, and the University of Oxford (both in the UK). He was a research advisor to the Central Bank of Russia, consulted the Government of Sri Lanka, and presented his research at institutions including the IMF, Federal Reserve System, Bank of England, and Reserve Bank of Australia. His research has a strong policy focus and covers the nexus between the macroeconomy and the financial markets. Raj is a Lead Economist within the Economic Research Team at Verité Research. He specializes in providing in-depth analysis and expert insights on Sri Lanka's macroeconomic conditions and policies. His research areas include public finance, macroeconomics, debt sustainability, and economic governance.
Featured Insight
An Overview of IMF Extended Fund Facility
This article was compiled by Professor Udara Peiris and Raj Prabu Rajakulendran. Udara Peiris joined Oberlin in the fall of 2022. He was previously a tenured Associate Professor of Finance at HSE University (at the department ICEF) in Russia and has taught at the University of Warwick, and the University of Oxford (both in the UK). He was a research advisor to the Central Bank of Russia, consulted the Government of Sri Lanka, and presented his research at institutions including the IMF, Federal Reserve System, Bank of England, and Reserve Bank of Australia. His research has a strong policy focus and covers the nexus between the macroeconomy and the financial markets. Raj is a Lead Economist within the Economic Research Team at Verité Research. He specializes in providing in-depth analysis and expert insights on Sri Lanka's macroeconomic conditions and policies. His research areas include public finance, macroeconomics, debt sustainability, and economic governance.
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Third review approved by IMF, SL to get next US$ 333 million tranche
IMF and Sri Lanka agreed on the third review of the Extended Fund Facility (EFF), unlocking US$333 million, subject to conditions.
2024-11-23
Daily Mirror
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IMF still assessing bondholder deal
IMF is currently assessing whether the agreed terms of Sri Lanka's debt restructuring with bondholders align with the programme parameters, and the results of this assessment will be communicated once complete. Addition...
2024-07-15
The Morning
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No tax relief in the foreseeable future
Ministry of Finance cannot grant any tax concessions for local manufacturers at this stage due to the need to meet revenue targets. However, tax concessions might be considered in the mid-term if revenue generation exceeds...
2024-07-14
The Morning
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Power sector to receive fresh support with ADB’s US $ 100mn policy-based loan
The Asian Development Bank (ADB) has approved a US $100 million loan to support Sri Lanka's power sector reforms, enhancing operational efficiency, fostering private investment in renewable energy, and improving financi...
2024-07-13
Daily Mirror
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IMF reiterates need for Sri Lanka to have an equitable tax system
The IMF stresses the importance of Sri Lanka implementing an equitable tax system to improve revenue collection, stabilize fiscal conditions, and foster sustainable economic growth amid ongoing challenges.
2024-07-13
Daily Mirror
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