Sri Lanka Passes Its Third IMF Evaluation with Strong Reform Progress The International Monetary Fund (IMF) has approved Sri Lanka’s third review under the Extended Fund Facility (EFF), releasing $334 million to support continued recovery efforts. This confirms that Sri Lanka is meeting key reform targets across economic, financial, and governance sectors. Why This Approval […]
A Major Milestone in Sri Lanka’s Economic Stabilisation Efforts Sri Lanka has successfully finalized a $2.5 billion debt restructuring agreement with Japan, marking one of the most vital achievements in the country’s post-crisis economic recovery program. Japan is among Sri Lanka’s most important bilateral creditors, and this agreement signals strong international confidence in Sri Lanka’s […]
Financial empowerment begins with knowledge — and People’s Bank is leading the way.At the recently held FinLit Expo 2025 in Galle, People’s Bank showcased its commitment to enhancing financial literacy among Sri Lankans, helping citizens make smarter money decisions and build long-term financial stability. Building a Financially Literate Nation The FinLit Expo aimed to bridge […]
