IMF reaffirms strong support for Sri Lanka amid economic pressures
Sri Lanka, May 14 -- The International Monetary Fund (IMF) has reiterated its commitment to supporting Sri Lanka as the country continues its efforts to maintain economic stability and recovery.
Speaking at a press briefing today (14), IMF Communications Director Julie Kozack said Sri Lanka has recently faced "two very large shocks" that have placed pressure on its economy.
She identified the first as Cyclone Ditwah, describing it as a major natural disaster that significantly impacted economic activity. The second, she noted, is the ongoing impact of the war in the Middle East, which continues to affect global economic conditions, including Sri Lanka.
Despite these challenges, Kozack praised Sri Lanka's resilience, stating that both t...
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