This web page presents information about the work of the IMF in Sri Lanka, including the activities of the IMF Resident Representative Office. Additional information can be found on the Sri Lanka and IMF country page, including IMF reports and Executive Board documents that deal with Sri Lanka.
At a Glance : Sri Lanka's Relations with the IMF
- Current IMF membership: 191 countries
- Sri Lanka joined the Fund in August 29, 1950
- Quota: SDR 578.8 million
- Outstanding Purchases and Loans: Stand-by Arrangements SDR 847.50 million
- 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Sri Lanka
Sri Lanka and the IMF
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Transcript of Asia - Pacific Regional Economic Outlook - Tokyo Launch October 2024
November 1, 2024
Good morning, everyone in the room and those who are watching us online and around the world. Welcome to the press briefing on the release of the regional economic outlook for the Asia and Pacific.
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October 25, 2024
Annual Meetings Chairman, Ahmed Munawar, Chairperson and Governor, Maldives Monetary Authority, World Bank Group President Ajay Banga, and Managing Director of the International Monetary Fund Kristalina Georgieva speak at the October 25th plenary session of the Annual Meetings in Washington D.C.
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Transcript of Press Briefing: Asia and Pacific Department Regional Economic Outlook October 24
October 24, 2024
In the first half of this year, Asia's economies grew stronger than we had expected. As a result, we have upgraded our regional forecast to 4.6 percent in 2024 and to 4.4 percent in 2025. With this, Asia remains the world's engine of growth. It generates 60 percent of global growth, far more than its share in global GDP of about 40 percent.
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Transcript of G24 October 22 Press Briefing
October 22, 2024
Thank you, all. We had a productive exchange of views and experiences on some of the most pressing issues, confronting the global economy today.
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Statement at the End of IMF Staff Visit to Sri Lanka
October 4, 2024
An International Monetary Fund (IMF) team led by Mr. Krishna Srinivasan, Director for the Asia Pacific Department, visited Colombo October 2-4, 2024.
October 31, 2024
Short-term prospects for Asia and the Pacific have improved slightly compared to the IMF’s April forecasts, even though growth is still expected to moderate in 2024 and 2025. The regional growth projection for 2024 has been marked up to 4.6 percent from 4.5 percent in April, largely reflecting the over-performance in the first half of the year, and the region is forecast to contribute roughly 60 percent to global growth in 2024. In 2025, more accommodative monetary conditions are expected to support activity, resulting in a slight upward growth revision to 4.4 percent from 4.3 percent in April. Inflation has retreated in much of the region. At the same time, risks have increased, reflecting rising geopolitical tensions, uncertainty about the strength of global demand, and potential for financial volatility. Demographic change will act increasingly as a brake on activity, though structural shifts into high-productivity sectors such as tradable services hold promise to sustain robust growth.
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