Sri Lanka, July 2 -- According to the latest economic classification released by the World Bank yesterday, Sri Lanka has once again been classified as an upper-middle-income country.

Due to the severe economic crisis in 2022, Sri Lanka's economy suffered a sharp downturn, resulting in its downgrade to the lower-middle-income category.

However, three years after the crisis, by 2025, the country's GDP is estimated to have grown significantly by around 5%, the World Bank report noted.

This year, 218 countries were assessed by the World Bank, and alongside Sri Lanka, Jordan, Micronesia, the Philippines, and Vietnam also moved up from lower-middle-income to upper-middle-income status.

In addition, the World Bank Board of Executive Director...