IMF signals confidence in Sri Lanka’s ability to manage external shocks

International Monetary Fund (IMF) Mission Chief for Sri Lanka Evan Papageorgiou yesterday signalled confidence in Sri Lanka’s ability to manage the economic pressures arising from the Middle East war, saying the country’s stronger policy framework, improved reserves, and ongoing reform program had placed the economy in a better position to absorb external shocks than in the past. “Sri Lanka’s reform program continues to move forward, with the IM

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