Economy News Sri Lanka S Budget Will Strive To Return Economy To Growth, Meet Imf Targets

IMF urges Lanka to stay the course of reform program

While reforms are progressing, it is important for Sri Lanka to stay the course and complete its homegrown reform program to fully stabilize the economy longer-term concerns, including those about ... Read More

IMF Staff Reaches Staff-Level Agreement on the Fifth Review Under Sri Lanka’s Extended Fund Facility Arrangement

End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do ... Read More

Sri Lanka’s Economic Recovery Remains Incomplete as Key Challenges Remain

Urgent Structural Reforms and Efficient Public Spending Key for Long-Term Growth COLOMBO, October 7, 2025—Sri Lanka’s recent economic performance has been strong. Despite this, the recovery remains ... Read More

Sri Lanka’s economic escape

Sri Lanka’s recovery over the past year reads like a narrow escape rendered into a cautious, albeit unfinished success story. After the calamitous months of 2022, when foreign-exchange reserves and ... Read More

How Low Taxes Drove Sri Lanka’s Economic Crisis and Squandered its Education Lead

Susikala was working as a daily wage earner at a flower garden in Hatton, a hilly area in central Sri Lanka, when in April 2022 the government defaulted on its debt. The default sent the economy into ... Read More