Sri Lanka’s macroeconomic turnaround is ‘remarkable’: IMF op-ed
Sri Lanka’s macroeconomic turnaround is ‘remarkable’ though many households are yet to feel the impact, according to two IMF experts, who noted that the economy has rebounded strongly and quickly, growing by 5 per cent in 2024. The country’s tradeable debt instruments are once again attractive to investors, credit rating was upgraded by at least three notches and high inflation has been halted.
Sri Lanka’s macroeconomic turnaround is ‘remarkable’ though many households are yet to feel the impact, according to two IMF experts, who noted that the economy has rebounded strongly and quickly, growing by 5 per cent in 2024.
The country’s tradeable debt instruments are once again attractive to investors, credit rating was upgraded by at least three notches and high inflation has been halted.
