Sri Lanka, Feb. 24 -- The International Monetary Fund (IMF) emphasised that Sri Lanka must shift its focus from stabilization to total economic transformation. Speaking at the Softlogic Stockbrokers Investor Forum 2026, IMF Resident Representative Dr Martha Woldemichael noted that while the current recovery is a success, it remains fragile and requires continued discipline.

To achieve this transformation, the IMF recommends:

Trade Liberalisation: Reducing tariffs and streamlining customs to integrate into global supply chains.

Digitalisation: Accelerating digital shifts in tax administration and public services to minimise corruption.

Labour Reforms: Increasing flexibility and boosting female labour force participation.

Infrastructu...