IMF praises Sri Lanka's steady economic reforms, investor focus

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IMF praises Sri Lanka's steady economic reforms, investor focus - Business Standard

Quick Summary:

The International Monetary Fund (IMF) on Friday commended the Sri Lankan government, led by President Anura Kumara Dissanayake, for its continued commitment to the economic reforms initiated under the global lender's Extended Fund Facility (EFF).

Going forward, sustaining reform momentum, including by reducing corruption vulnerabilities, is critical to safeguard the hard-won gains, durably restore macroeconomic and debt sustainability, and unlock robust and inclusive growth, the IMF said in a statement.

The new government's sustained commitment to programme objectives has enhanced confidence and ensures policy continuity.