Sri Lanka, May 22 -- Sri Lanka's reform program continues to move forward, with the International Monetary Fund's (IMF) Executive Board set to consider the combined Fifth and Sixth Reviews under the Extended Fund Facility on Wednesday (May 27).

IMF Mission Chief for Sri Lanka, Evan Papageorgiou, said that over the past years, the authorities have made significant progress in restoring macroeconomic stability, rebuilding reserves, and strengthening confidence.

These efforts have been recognized by the public, investors, and stakeholders, and have helped place the economy on a firmer footing, he said.

"Recent global developments have brought renewed pressures, as is the case for many economies in a challenging external environment."

"Na...