Sri Lanka meets all June-end IMF loan targets - Governor

Sri Lanka has met all June-end targets set by the International Monetary Fund (IMF) for the last tranche of a $2.6 billion loan, Central Bank Governor Ajith Nivard Cabraal said.

"We have met all the targets. Net domestic financing, net internal reserves, and the reserve money targets have been met," Cabraal told Reuters.

After concluding a two-week assessment, an IMF mission on June 15 said Sri Lanka's policy measures including policy rate hikes, flexible exchange rate, and credit restrictions have yielded results.