An International Monetary Fund team visited Colombo from June 24 to 30 to assess recent macroeconomic developments and progress on economic reforms under the Extended Fund Facility (EFF) program, News First reported on June 30. Sri Lanka's progress under the program will be formally evaluated during the Seventh Review of the EFF, with the mission dates to be announced later.

The IMF found that Sri Lanka's economy has faced growing pressure from heightened global tensions, particularly the conflict in the Middle East, which contributed to inflation accelerating from 1.6% in February to 5.5% in May, largely due to higher energy prices; tourism growth also slowed and the pace of foreign reserve accumulation weakened.