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The objectives of the contemplated IMF program are:
o An ambitious primarily revenue-based fiscal consolidation, accompanied by fiscal institutional reforms and cost-recovery based energy pricing, aimed at restoring fiscal sustainability and strengthening fiscal discipline
o A stronger social safety net to protect the most vulnerable
o A public debt management strategy aimed at restoring public debt sustainability
o A multipronged strategy to restore price stability and rebuild international reserves under greater exchange rate flexibility
o Commitment to greater central bank independence and to phase out monetary financing
o Policies to safeguard financial system stability
o Focused reforms to address governance and corruption vulnerabilities
o Broader structural reforms to unlock SriLanka’s growth potential
https://www.treasury.gov.lk/api/file/3816b192-2bd9-4587-9c69-53e54a3394de
o An ambitious primarily revenue-based fiscal consolidation, accompanied by fiscal institutional reforms and cost-recovery based energy pricing, aimed at restoring fiscal sustainability and strengthening fiscal discipline
o A stronger social safety net to protect the most vulnerable
o A public debt management strategy aimed at restoring public debt sustainability
o A multipronged strategy to restore price stability and rebuild international reserves under greater exchange rate flexibility
o Commitment to greater central bank independence and to phase out monetary financing
o Policies to safeguard financial system stability
o Focused reforms to address governance and corruption vulnerabilities
o Broader structural reforms to unlock SriLanka’s growth potential
https://www.treasury.gov.lk/api/file/3816b192-2bd9-4587-9c69-53e54a3394de
