Sri Lanka, Oct. 4 -- The International Monetary Fund (IMF) says Sri Lanka's economic reform program continues to make "impressive progress," with the country showing strong signs of recovery under the Extended Fund Facility (EFF) arrangement.

Speaking at a press briefing in Washington on October 2, IMF Communications Director Julie Kozack said Sri Lanka's inflation remains low, government revenue collection has improved, and international reserves continue to rise.

She noted that the post-crisis economic rebound has been significant, with growth reaching 5 percent in 2024.

"The revenue-to-GDP ratio in the budget improved to 13.5 percent of GDP from 8.2 percent in 2022, which is also a significant increase, although still work to be don...