Sri Lanka can achieve higher growth if necessary structural reforms take place: IMF Chief

Sri Lanka can achieve higher growth if necessary structural reforms take place: IMF Chief

February 18, 2026   05:34 am

While noting the repeated setbacks Sri Lanka has faced in recent years, Dr. Kristalina Georgieva, the Managing Director (MD) of the International Monetary Fund (IMF) has expressed confidence that the country is poised to achieve higher growth, provided that necessary structural reforms are initiated and sustained.

The IMF Chief made this assertion during a meeting held with the Governor of the Central Bank of Sri Lanka (CBSL), Dr. Nandalal Weerasinghe at the Central Bank premises.

Managing Director Dr. Kristalina Georgieva visited the Central Bank yesterday as part of her official engagements while in Sri Lanka.

The visit coincides with the 75th anniversary of Sri Lanka’s IMF membership as well as the Central Bank of Sri Lanka’s 75th anniversary.

At a meeting held at the Central Bank premises, Governor Weerasinghe expressed sincere gratitude to the IMF Chief and her team for the steadfast support provided under the current Extended Fund Facility (EFF) and for actively facilitating the completion of the debt restructuring process, helping the country recover from the unprecedented economic hardship.

Dr. Weerasinghe also expressed gratitude to the IMF for the extensive technical assistance provided across multiple areas, including monetary policy and modelling, macroprudential analysis, and financial sector policies.

Meanwhile, Managing Director Geogeiva recognised Sri Lanka’s performance under the current IMF programme as a success story.

The MD also acknowledged the Central Bank’s role in restoring macroeconomic stability following the economic crisis.

While noting the repeated setbacks Sri Lanka has faced in recent years, IMF Managing Director Dr. Kristalina Georgieva expressed confidence that the country is poised to achieve higher growth, provided that necessary structural reforms are initiated and sustained.

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Most Viewed Video Stories

Fuel prices may be adjusted amid global market fluctuations as govt absorbs import costs - Minister (English)

Fuel prices may be adjusted amid global market fluctuations as govt absorbs import costs - Minister (English)

44 killed in road accidents during festive period; Drunk driving identified as a main cause: Police (English)

Former MP Chandana Kathriarachchi arrested with firearms and ammunition cache (English)

🔴LIVE | Ada Derana Prime Time News Bulletin

Office train services to resume as normal tomorrow; Private bus operations reduced (English)

Derana-Dialog 'Rangiri Dambulu Soorya Mangalya' draws massive crowds in Dambulla (English)

Customary anointing of oil for New Year performed at temples across the island (English)

🔴LIVE | Ada Derana Lunch Time News Bulletin 12.00 pm