Sri Lanka, June 16 -- With increasing tariffs, developments in the Middle East, uncertainty around energy prices, Sri Lanka has no room for policy errors, according to a stark warning issued by Dr. Gita Gopinath, the First Deputy Managing Director (FDMD) of the International Monetary Fund (IMF).

According to Dr. Gita Gopinath, a sound fiscal policy will be very critical to make sure Sri Lanka does not return to a crisis.

Addressing the conference on 'Sri Lanka's Road to Recovery: Debt and Governance', jointly co-hosted by the Ministry of Finance, Central Bank of Sri Lanka and the IMF, Dr. Gopinath stated that the IMF will remain a steadfast partner of Sri Lanka and is looking forward to working with stakeholders to improve the lives of ...