Sri Lanka’s reform momentum must continue despite tentative signs of economic improvement - IMF

Sri Lankan authorities are showing strong commitment to implementing economic reforms, however, the reform momentum must continue amid the challenging economic recovery process, International Monetary Fund (IMF) Deputy Managing Director Kenji Okamura said after concluding his visit to the island nation.

Sri Lankan authorities are showing strong commitment to implementing economic reforms, however, the reform momentum must continue amid the challenging economic recovery process, International Monetary Fund (IMF) Deputy Managing Director Kenji Okamura said after concluding his visit to the island nation.

“Sri Lanka’s economy is showing tentative signs of improvement, in part due to the implementation of critical policy actions. But the economic recovery remains challenging. Now, more than ever, it is essential to continue the reform momentum under strong ownership by both the authorities and the Sri Lankan people.”