Sri Lanka, Oct. 10 -- IMF Mission Chief Evan Papageorgiou addressing the media on reaching staff-level agreement on the fifth review, while IMF Resident Representative in Sri Lanka Martha Woldemkchael looks on - Pic by Kithsiri de Mel

Says strengthening governance and resolving legacy debts of SOEs is critical to minimize fiscal risks Asserts operationalising the Public Debt Management Office (PDMO) is imperative for prudent debt management and improving investor confidence By Shabiya Ali Ahlam

Sri Lanka's economic recovery is gaining traction, the International Monetary Fund (IMF) said, following the end of a two-week mission, while stressing that critical reforms in the energy sector, state-owned enterprises (SOEs) and debt management...