Sri Lanka, Oct. 29 -- The International Monetary Fund (IMF) has stressed that Sri Lanka must "stay the course" and complete its "own homegrown reform program" to fully stabilize its economy by 2028, signaling the crucial nature of domestic commitment to the country's long-term financial health.
Speaking at a recent press briefing, Thomas Helbling, Deputy Director of the Asia and Pacific Department, affirmed that remaining focused on the reforms will help put concerns about the 2028 debt repayment forecasts "in perspective." This statement comes as opposition parties voice challenges regarding the feasibility of loan repayment deadlines aligned with the current government revenue projections.
The IMF has revised Sri Lanka's growth projecti...