DORIPeopleCasesUpdatesMethodologyMap

Event

IMF Extended Fund Facility approved, 20 March 2023

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Details

Date

20 March 2023

Size

SDR 2.286 billion, about US$3 billion, over 48 months

Immediate payment

SDR 254 million, about US$333 million

Aims

To restore macroeconomic stability and debt sustainability, and to protect the most vulnerable

Assurances

The IMF said the authorities had obtained financing assurances from major official bilateral creditors

Appears on

The 2022 economic crisis

Connections (1)

• International Monetary Fund / Executive Board approved / IMF Extended Fund Facility approved, 20 March 2023
  • Reports that its Executive Board approved a 48-month arrangement under the Extended Fund Facility of SDR 2.286 billion, about US$3 billion, with SDR 254 million available immediately.20 Mar 2023 · International Monetary Fund · IMF Executive Board Approves US$3 Billion Under the New Extended Fund Facility (EFF) Arrangement for Sri Lanka