Sri Lanka, April 18 -- IMF Asia and Pacific Department Director Krishna Srinivasan on Thursday said that Sri Lanka has made significant improvements in boosting tax revenues and revenues as a share of GDP.Geographic Reference
"So they have gradually built up fiscal buffers. So in some sense, I would say they're better placed to provide support to people who are hurting from this energy shock," he said.
Addressing the IMF press briefing on Spring Meetings 2026, Sirinivasan said Sri Lanka has slowly built up buffers on the fiscal side over the last three years.
"Like many other countries in Asia, Sri Lanka also relies a lot on import of energy, when it was oil and gas. So they are as vulnerable as other countries in the region".
"Their...
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