Sri Lanka, July 27 -- An International Monetary Fund (IMF) mission team led by Evan Papageorgiou, IMF Mission Chief for Sri Lanka, visited Colombo from July 21-25, to discuss recent macroeconomic developments and progress in implementing economic and financial policies under the authorities' economic reform program supported by the IMF's Extended Fund Facility (EFF) arrangement.

At the end of the mission, Papageorgiou issued the following statement:

"The Sri Lankan authorities' economic reform program is yielding commendable outcomes. Real GDP grew by 4.8 percent y/y in 2025Q1, outperforming expectations. Headline inflation was at -1.1 percent y/y in 2025 Q2 and is gradually returning to target. Gross international reserves stood at US$...