Many of these commitments that are classified as ‘not met’ on IMF Tracker were designed to improve governance.

These include commitments related to publishing information (transparency), and those that require the passage of governance-improving legislation.

The IMF has recognised poor governance as being at the heart of Sri Lanka’s economic crisis, and Sri Lanka is the first Asian country to have had an IMF-led Governance Diagnostic Assessment.

The status of 36% of the commitments are classified as ‘unknown’, which means sufficient data was not made available to assess their progress. By end-February, 31% of the commitments were verifiably ‘met’