According to the Bank’s website, the special policy-based loan (SPBL) is part of a comprehensive economic reform program led by the International Monetary Fund (IMF), which is underpinned by its $3.0 billion Extended Fund Facility (EFF) arrangement for balance of payment (BOP) support to (i) restore macroeconomic stability and debt sustainability, (ii) safeguard financial stability, and (iii) undertake structural reforms to unlock Sri Lanka's growth potential. All program measures of the IMF's EFF are mindful of the need to protect the most vulnerable and improving governance. Aligned with the IMF's EFF, the SPBL is critical in building public confidence on macroeconomic stabilization by facilitating government's efforts for fiscal consolidation, restoring price stability, building external buffer, and financial stability at the initial stages of the reform program.
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The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main.