The government basking in the IMF’s assessment of the economy View(s):Although the International Monetary Fund (IMF) has called the country’s recovery after the 2022 economic crisis impressive, it has emphasised that reforms should be taken to ensure the growth momentum. Government and IMFThe JVP/NPP, which, during the election campaign, promised to abandon the IMF’s Extended Fund Facility (EFF) when it came to power, has continued with it and is basking in the IMF’s assessment of the economy. IMF assessmentThe Sri Lankan economy has been described as a “success story” in recovery—a feat characterised by policies to restore macroeconomic stability following the 2022 crisis. Economic projectionsThe IMF expects Sri Lanka’s economy to transition toward its long-term trend growth in 2026. GrowthThe country’s economic growth is projected to be 3.1 per cent this year.

Source: Sunday Times February 28, 2026 20:29 UTC