IMF Highlights 15% Electricity Tariff Hike as Key Step for $344M Tranche

IMF highlights 15% electricity tariff hike as key step for $344M tranche

The International Monetary Fund (IMF) has acknowledged Sri Lanka s continued progress under its economic reform program, with the country now nearing access to the next tranche of IMF funding worth approximately USD 344 million. MORE..

Sri Lanka Nears Next IMF Tranche amid Reform Progress, But Key Benchmarks Still Lag - LNW Lanka News Web

Sri Lanka is edging closer to securing its next tranche of International Monetary Fund (IMF) funding, with the global lender acknowledging the country’s commitment to tough economic reforms. However, several critical IMF benchmarks remain unfulfilled, particularly in 2025, raising questions about the durability of Sri Lanka’s recovery trajectory. Julie Kozack, Director of the IMF’s Communications Department, announced that a Staff-Level Agreemen…

IMF highlights 15% electricity tariff hike as key step for $344M tranche - LankaXpress

IMF highlights 15% electricity tariff hike as key step for $344M tranche The post IMF highlights 15% electricity tariff hike as key step for $344M tranche appeared first on LankaXpress.

IMF assessing Sri Lanka electricity tariff hike, BST guidelines

ECONOMYNEXT – The International Monetary Fund is assessing a recent electricity price hike by Sri Lanka’s power regulator, which is a key requirement to pass the next review, an official said, after the utility ran losses from a regulator driven price cut. The IMF’s team is “closely engaged with the authorities to assess the measures that were recently announced by the regulator,” IMF’s Director of Communications, Julie Kozack said. “And these i…

Sri Lanka To Raise Electricity Tariff By 15 Percent

Sri Lanka will increase electricity tariffs by 15% starting June 12, the Public Utilities Commission of Sri Lanka (PUCSL) announced on Tuesday. The hike comes just six months after a 20% tariff cut in December 2024. The PUCSL attributed the latest increase to mounting operational expenses and the need to service debts. The commission noted […] The post Sri Lanka To Raise Electricity Tariff By 15 Percent appeared first on TechGraph.