The Sri Lankan authorities' prompt action amid the Middle East war helped preserve macroeconomic and social stability. Gains from their economic reform program provided space for policy response. Sustaining reform momentum remains critical to navigating the shock while preserving fiscal and external sustainability and continuing efforts toward building resilience and delivering strong, durable, and inclusive...
The Sri Lankan authorities' prompt action amid the Middle East war helped preserve macroeconomic and social stability while gains from their economic reform program provided space for policy response, according to the IMF Mission Chief for Sri Lanka Evan Papageorgiou. At the conclusion of the visit, Papageorgiou issued the following statement: "The Middle East war has weighed on Sri Lanka's economy.
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