"We have met the targets," Ajith Nivard Cabraal told Reuters, referring to the December targets.

The quarterly targets are important for the International Monetary Fund to decide on the next tranche of its loan. Sri Lanka has so far received around $1.4 billion in five tranches.

In its last assessment, the IMF said Sri Lanka had made substantial progress in making fiscal policy more sustainable.

"We are well above the range the IMF wanted to build and the foreign reserves exchange is no longer a concern," the Central Bank Governor said. "Investor confidence will be reiterated further through this and it will take place with the IMF endorsing our policies," he said