Recent external shock brings uncertainty to Sri Lankan economy: IMF


Workers are seen in an apparel factory at the Katunayake export processing zone in Colombo, Sri Lanka, Wednesday, April 9, 2025. Emerging economic challenges for Sri Lanka include the new trade tariffs proposed by the United States. - AP Photo/Eranga Jayawardena)

COLOMBO: The International Monetary Fund (IMF) said on Friday (April 11) that the recent external shock and evolving developments are creating uncertainty for the Sri Lankan economy, which is still recovering from its own crisis.

Evan Papageorgiou, who led an IMF team to visit Colombo from April 3 to 11, said in a statement that more time is needed to assess the impact of the global shock and how its implications for Sri Lanka can be addressed within the contours of its IMF-supported programme.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Sri Lanka , economy , external shock , uncertainty , IMF

Next In Aseanplus News

Young Bruneian art critic joins regional platform in Japan and Taiwan
Cambodian evacuees welcome ceasefire but wait in uncertainty as return home unclear
Laos named among world’s cheapest travel destinations
Vietnam seeks ways to expand exports to halal market
MMEA seizes six tonnes of tin ore off Batu Pahat
Yearender: Police reform in Indonesia met with doubt amid persistent brutality, impunity
Teenage girl among four charged with migrant smuggling
Malaysian man linked to Cambodia-based scam ring nabbed at Woodlands Checkpoint
'Java Man’ returns to Indonesia in first of fossil repatriation from Netherlands
Black, white and grey: Why monochromes dominate the South Korean fashion scene

Others Also Read