While global pressures may put pressure on the economy, the International Monetary Fund says Sri Lanka is now better prepared to face such challenges due to its strong policies.

The Fund noted that Sri Lanka's economic policy framework is stronger than in the past.

The Sri Lankan government's recent steps to stabilize the macroeconomy and increase reserves have been welcomed by the people, investors, and other stakeholders of the International Monetary Fund, said Evan Papageorgiou, the country's country director for Sri Lanka.


(colombotimes.lk)