IMF affirmed readiness to continue supporting Sri Lanka
Sri Lanka, Oct. 21 -- The International Monetary Fund (IMF) has commended Sri Lanka's robust macroeconomic turnaround, highlighting strong fiscal performance, doubled revenue ratios, and 11 consecutive quarters of positive economic growth as the country's current support program enters its final months.
Speaking on the progress achieved under the facility, Fund officials noted that Sri Lanka's economic landscape has improved dramatically compared to the peak of the recent financial crisis, supported by the near-completion of debt restructuring and critical governance reforms.
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"The macroeconomic situation is much improved," said Sonali Jain Chandra...
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