Sri Lanka’s economy has made significant strides toward stabilization. After a deep contraction in 2022–2023, GDP rebounded by approximately 5% in 2024, driven by construction and tourism. Headline inflation is well in control, and the Sri Lankan rupee has appreciated by 19.4% against the US dollar since end-2022. External debt restructuring is nearly complete, and usable foreign reserves rose to cover 3 months of imports. The Country's Central Bank governor seems pleased. Here's our report. Wat
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