COLOMBO, Dec. 24 -- The International Monetary Fund (IMF) has revised down Sri Lanka's net international reserve (NIR) projections for 2025, citing updated macroeconomic assumptions in a country report linked to the island's emergency financing program.

According to the latest review, Sri Lanka's NIR is now projected to rise to around US$2.16 billion by end-December 2025, down from an earlier projection of US$2.73 billion. While reserves are still expected to increase from US$1.49 billion in 2024, the projected accumulation has been reduced to US$666 million, compared to US$1.24 billion envisaged previously.

The revised projection remains above the IMF program's end-December target of US$448 million, but analysts warn that the downgrade...