Sri Lanka, April 23 -- Sri Lanka is slowly recovering from its unprecedented economic crisis, but the road ahead is riddled with risks and challenges.

This is the warning the World Bank had for Sri Lanka in its latest country development update.

The World Bank projects that medium-term growth for Sri Lanka will be around 3.1%.

This reflects what the bank calls the "scarring effects" of the crisis, ongoing structural issues, and global economic uncertainties.

It adds that the current account is expected to revert to a modest deficit in 2025.

This is due to trade-related uncertainties, which are expected to reduce exports more than imports, even with some relief from lower global oil prices.

However, the World Bank notes that Sri Lank...