Sri Lanka, Dec. 22 -- Sustained adherence to the reform agenda has underpinned a robust economic recovery, price stability, substantial revenue-based fiscal consolidation, and progress in rebuilding foreign exchange reserves, but the economy remains vulnerable, and GDP has not recovered to its pre-crisis level, according to an IMF official.

Kenji Okamura, Deputy Managing Director and Acting Chair, said it in a statement issued last Friday.

Sri Lanka was hit by a catastrophic cyclone, claiming more than 600 lives and affecting millions more. Flooding and landslides have displaced more than 100,000 people, destroyed critical infrastructure, and devastated livelihoods across the country, he said.

The disaster has created urgent humanitari...