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IMF reaffirms strong support for Sri Lanka amid economic pressures
The International Monetary Fund (IMF) has reiterated its commitment to supporting Sri Lanka as the country continues its efforts to maintain economic stability and recovery. Speaking at a press briefing today (14), IMF Communications Director Julie Kozack said Sri Lanka has recently faced “two very large shocks” that have placed pressure on its economy. She identified the first as Cyclone Ditwah, describing it as a major natural disaster that significantly impacted economic activity. The second, she noted, is the ongoing impact of the war in the Middle East, which continues to affect global economic conditions, including Sri Lanka. Despite these challenges, Kozack praised Sri Lanka’s resilience, stating that both the economy and its people have “shown remarkable resilience” in the face of repeated shocks. She also highlighted that reforms implemented under Sri Lanka’s ongoing IMF-supported programme are beginning to show results. According to her, the country’s economic performance is improving, supported by what she described as a strong commitment to reform from the authorities. Kozack further emphasized continued collaboration, saying the IMF will “work very closely with the authorities” to determine how best to extend further support, reaffirming that the Fund remains “very committed to supporting Sri Lanka.”
IMF reaffirms support for SL's economic recovery - Sri Lanka Mirror ...
The National Building Research Organisation (NBRO) has updated landslide warnings due to the prevailing adverse weather conditions. The organisation stated that the revised warnings will be in effect from 4.00 p.m. today (15) until 4.00 p.m. tomorrow (16). Accordingly, Level 2 (Amber) landslide warnings have been issued for the following Divisional Secretariat Divisions: Seethawaka in the Colombo District; Neluwa in the Galle District; Agalawatta, Matugama, Horana, Walallawita, and Palindanuwara in the Kalutara District; Ganga Ihala Korale, Gangawata Korale, Deltota, Pasbage Korale, Pathahewaheta, Yatinuwara, Doluwa, Udapalatha, Panvila, and Akurana in the Kandy District; Alawwa and Narammala in the Kurunegala District; and Pelmadulla, Ratnapura, Eheliyagoda, Ayagama, Kuruwita, Kiriella, and Kalawana in the Ratnapura District. Residents in these areas have been advised to remain alert under the Level 2 warning category. In addition, Level 1 (Yellow) landslide warnings have been issued for Bandarawela, Hali-Ela, and Passara in the Badulla District; Padukka in the Colombo District; Thawalama, Elpitiya, and Niyagama in the Galle District; Attanagalla in the Gampaha District; Ingiriya and Bulathsinhala in the Kalutara District; Medadumbara, Ududumbara, Poojapitiya, Thumpane, Hatharaliyadda, Harispattuwa, and Udunuwara in the Kandy District; Mawanella, Bulathkohupitiya, Yatiyanthota, Aranayake, Kegalle, Rambukkana, Warakapola, Dehiowita, and Ruwanwella in the Kegalle District; Ridigama in the Kurunegala District; Naula, Ambanganga Korale, and Rattota in the Matale District; Pitabeddara in the Matara District; Badalkumbura, Wellawaya, and Bibile in the Monaragala District; Norwood, Ambagamuwa Korale, and Kotmale West in the Nuwara Eliya District; and Elapatha, Godakawela, Kahawatta, and Nivithigala in the Ratnapura District. The warning notice advises residents in these areas to remain vigilant under the Level 1 warning category. (Previous News on 15th May, 2026 at 3:34pm) Landslide warnings extended The National Building Research Organisation (NBRO) has extended its Level 2 landslide warnings issued last night (May 14), citing continued heavy rainfall across the country. Senior Geologist at the NBRO – Dr. Wasantha Senadheera, said the “Level 2: Amber (Alert)” warning previously issued for 26 Divisional Secretariat divisions across 06 districts has now been updated and extended further. Level 2: Amber (Alert) has been issued for the following areas: Colo...
Sri Lanka's Fuel Crisis: Government's Response and Challenges (2026)
The focus on Jayakody's alleged wrongdoing, while important, should not detract from the urgent need to address the coal crisis and the economic challenges facing the country. What this really suggests is that Sri Lanka's political system is in dire need of reform.
UPDATE 1-IMF board to review Sri Lanka staff agreement in coming weeks
She said the Sri Lankan economy and people had shown remarkable resilience to the dual shocks of Cyclone Ditwah and the Middle East conflict. "The Sri Lankan economy is performing well; the reform commitment is strong by the authorities," she said, pledging the IMF's unwavering support as Sri Lanka worked to achieve a more stable economy.
