Sri Lanka showing signs of recovery but challenges remain, says IMF
World
Sri Lankan authorities implemented the economic reform program.
COLOMBO: Sri Lanka’s swift completion of final agreements with official lenders and reaching resolution with external private creditors remain critical, the International Monetary Fund said after concluding a staff visit to the island nation.
“The economic reform program implemented by the Sri Lankan authorities is yielding the first signs of recovery,” IMF said in a statement.
“However, challenges remain as these improvements need to translate into improved living conditions for Sri Lanka’s people.”
