IMF Considers $200 Million Emergency Aid for Sri Lanka After Cyclone Ditwah

COLOMBO (News 1st); In the aftermath of Cyclone Ditwah’s devastating impact, the International Monetary Fund (IMF) has expressed solidarity with Sri Lanka and confirmed that a request for emergency financial assistance is under review.

Evan Papageorgiou, IMF Mission Chief for Sri Lanka, issued a statement today acknowledging the scale of destruction and pledging continued engagement with Sri Lankan authorities during this critical period.

“In the wake of the devastating impact and widespread destruction caused by Cyclone Ditwah, we extend our deepest sympathies to the people of Sri Lanka who have been profoundly affected by this disaster,” Papageorgiou said.

The Sri Lankan government has formally requested approximately US$200 million under the IMF’s Rapid Financing Instrument (RFI) — equivalent to 26 percent of the country’s quota. This request is currently under consideration and subject to approval by the IMF Executive Board.

Papageorgiou emphasized the IMF’s commitment to supporting Sri Lanka’s urgent recovery and resilience-building efforts:

“The IMF remains closely engaged with Sri Lankan authorities during this challenging period; and is committed to supporting the country as it undertakes urgent efforts to recover, rebuild and promote resilience for the future.”