Economic recovery; the IMF, SOE reforms and Sri Lanka’s options | Daily FT

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Daily Financial Times

My last article (https://www.ft.lk/columns/Welcome-2022-Lessons-learnt-and-future-manoeuvres/4-728606) was to be continued covering the Economic Recovery program. Today this has become a hot topic discussed by many. Before we address the subject, it would be prudent to take a look at the reference made by the World Bank Overview update of 7 October 2021 about Sri Lanka, quoted below. “Growth is expected to recover to 3.3% in 2021, but the medium outlook is clouded by pre-existing macro-economic weaknesses and the economic scarring from the COVID-19 pandemic. Official reserves remain low relati…

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