IMF only lends money to the central bank to boost its reserves and budgetary support comes from other lending agencies.
But to get pure budgetary support - the so-called program loans - a government has to make reforms that will generate future revenues and growth.
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An IMF bailout in 2001 was supported with co-financing from both the ADB and World Bank.
Sri Lanka's deal with the IMF was suspended last month after the island failed to meet a key budget target, but the agency says it remains enaged with the government and a team is expected to visit the island after April.
Broader Support
But there are expectations of a mission visiting the island in May after a budget is presented to parliament after elections in April.
"In order to move toward a much more meaningful, stable and co-ordinated approach IMF, World Bank, ADB and JBIC support would be crucial to support reforms," Jayasundera said.
He said several speakers had already told the forum how the IMF