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Posts tagged as “EFT”

Govt. meets IMF’s 15 conditions, prospects good for EFF programme

report in The Sunday Times, Feb 26, 2023A tumultuous week saw uncertainties becoming realities one after another. A raise in power tariffs, now effective, will add to the woes of Sri Lankans. It became clear this week that the increase was the last of the 15 conditions to be met for the International Monetary Fund’s (IMF) Extended Fund Facility of US$ 2.9 billion. Professor Shantha Devarajan, one of the advisors to the government on matters…