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IMF Concludes 2026 Review Commending 4.2% Growth and Strong US$6.9 Billion Reserves
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IMF Concludes 2026 Review Commending 4.2% Growth and Strong US$6.9 Billion Reserves

MyCountry.News

MyCountry.News

September 23, 20261 min read Colombo
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An International Monetary Fund (IMF) mission delegation concluded scheduled bilateral consultations with Sri Lankan fiscal authorities in Colombo today, September 23, 2026, commending the nation's steadfast economic stabilization.

The IMF staff team highlighted that the economy demonstrated robust momentum with a 4.2% real GDP growth rate in the second quarter of 2026, anchored by tourism, manufacturing exports, and agricultural recovery. Furthermore, the Central Bank's gross official foreign reserves expanded to US$6.9 billion by late August. Mission chiefs commended fiscal authorities for revenue mobilization reforms and urged continued commitment to governance benchmarks and debt restructuring frameworks to secure sustained macroeconomic stability.

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