Sri Lanka to get billion dollars from IMF in 2025, if all reviews passed

Wednesday March 5, 2025 

ECONOMYNEXT – Sri Lanka is expected to get 1,012 million US dollars from the International Monetary Fund in 2025 if all three scheduled reviews are passed, while repayments of capital and interest are 366 million US dollars, program documents showed.

The April review requires electricity tariff adjustments if the Ceylon Electricity Board runs losses.

Related Sri Lanka breaches IMF benchmark after regulator cuts electricity prices

World Bank and the Asian Development Bank may contribute another 783 million US dollars in 2025.

Sri Lanka is getting debt relief after restructuring of 3,211 million dollars.

The central bank is also expected to make around 900 million dollars in repayments to India on account of money borrowings made to suppress rates and print money during an economic crisis to sterilize the interventions through inflationary policy in addition to 211 million in principal to the IMF.

The central bank made similar payments to India and the IMF and also built reserves with deflationary policy in 2024.

Sri Lanka is also expected to build reserves to 7,056 million dollars, or around a billion dollars.

However, in 2025 there is no downward sloping performance criteria on net domestic assets of the central bank in the IMF program.

Sovereign bond amortization is 289 million US dollars in 2025. Bilateral and multilateral amortization is 1,254 million US dollars. (Colombo/Mar05/2025)