Sri Lanka’s economic recovery continues: IMF ...Middle East

Colombo: Sri Lanka’s economic recovery continues with real gross domestic product (GDP) posting three consecutive quarters of expansion, and growth accelerating to 5.3 per cent year-on-year in the first quarter of 2024, the International Monetary Fund (IMF) said on Friday. According to the statement, an IMF mission team led by senior mission chief Peter Breuer visited Sri Lanka from July 25 to August 2 to discuss recent macroeconomic development and progress in implementing economic and financial policies under an economic reform supported by the IMF’s Extended Fund Facility (EFF) arrangement, Xinhua news agency reported. Breuer, in his statement, said the economic reform program implemente

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