Sri Lanka, April 11 -- The International Monetary Fund (IMF) has stated that it requires additional time to assess the impact of recent global shocks on Sri Lanka's economic recovery and its ongoing reform program.

An IMF team led by Senior Mission Chief Ivan Papageorgiou concluded its visit to Sri Lanka on April 3. The visit focused on reviewing the implementation of economic and fiscal policies under Sri Lanka's IMF-supported Extended Fund Facility (EFF) and evaluating recent macroeconomic developments.

In a statement issued at the end of the mission, the IMF acknowledged that while Sri Lanka's economy is showing signs of recovery, it remains vulnerable to external shocks and global uncertainties. The team noted that these challenges ...