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Back to stories
2 sourcesJul 4, 2025

Sri Lanka gets IMF waivers after data errors on Govt arrears

The inadvertent provision of inaccurate data by Sri Lanka regarding the central government's expenditure arrears was a key issue addressedContinue Reading

NewsWire English•Jul 4, 2025
By Editor VV
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Summary

"The inaccuracies in information provided to the IMF were inadvertent and arose because of weaknesses in the timely reporting of arrears by line ministries to the Ministry of Finance, as well as a misunderstanding by the authorities of the definition of 'arrears' under the Technical Memorandum of Understanding," he said.

Summarised from NewsWire English

What this story is about

People
  • Kenji Okamura2
Organisations
  • International Monetary Fund2
  • Executive Board of the International Monetary Fund
  • Executive Board of the
  • Ministry of Finance
Places
  • Sri Lanka2
  • Sri Lanka.This
Keywords
  • waivers2
  • data2
  • imf2
  • addressedcontinue
  • noncomplying
  • inadvertent
  • obligations
  • inaccurate
  • arrears
  • breach

Names and places drawn from every article in this story. The number shows how many of them mentioned it.

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Also reported by

2 newsrooms have reported this story

  • IMF Grants Waivers to Sri Lanka Over Inaccurate Data and Breach of ObligationsAda Derana Biz·Jul 4, 2025
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