Govt. should hold reform course: IMF
Projects SL to grow by 4.4%, inflation to hit 5% by 2018-end, food prices to stabilise
Warns economy vulnerable to shocks, reform momentum essential
Advocates pushing ahead with V2025, fiscal consolidation, SOE reform and structural changes
Transfer pricing of fuel and power a priority
CB should stand ready to tighten policy, wants vigilance against financial sector risks
Banking sector should prepare contingency plans to insure against adverse shock
Sri Lanka’s economy is projected to grow by 4.4% in 2018, the International Monetary Fund (IMF) has said in its latest update but warned reforms, including a fuel price rise earlier tabled for March, remain critical to strengthen debt repayment capacity, improve state enterprise performance and put the overall economy on a ...