🌊 IMF Reaffirms Support & Explores Options Post-Cyclone 🤝

• The International Monetary Fund (IMF) conveyed deep condolences to Sri Lanka following the devastating cyclone and floods, assuring "closely engaging" with authorities and partners to assess the full humanitarian and economic toll. • IMF expects economic activity to be adversely affected. A clearer economic picture will emerge once the rapid post-disaster damage assessment, currently underway, is completed. • Support under the Extended Fund Facility (EFF) continues. The Staff–Level Agreement on the Fifth Review (reached pre-cyclone in October) remains on track. • The IMF Board meeting for the review is still scheduled for December 15. • Critically, IMF staff are exploring options to further support Sri Lanka in the recovery process, with additional details to follow as the assessment of economic needs and damages advances.