Sri Lanka, Sept. 19 -- Revenue mobilization has improved significantly, international reserves continue to accumulate and debt restructuring is well advanced and investor confidence is gradually returning, Dr. Martha Tesfaye Woldemichael, IMF Resident Representative for Sri Lanka told an event held in Colombo recently.

She said Sri Lanka also took major steps to strengthen governance and advance its anti-corruption agenda. This remarkable turnaround and revitalization did not happen by chance. It is the result of decisive actions by the authorities and the extraordinary resilience of the Sri Lankan people supported by various external partners such as the IMF.

She said these efforts have been focused on restoring fiscal and debt sustain...