About the Uncertain Economic Outlook of Sri Lanka

Sri Lanka’s economic outlook is highly uncertain due to the fiscal and external imbalances and urgent policy measures are needed to address the high levels of debt and debt service, reduce the fiscal deficit, restore external stability, and mitigate the adverse impacts on the poor and vulnerable, says the World Bank in its twice-a-year regional update.

In South Asia, though GDP growth continues to be solid during the recovery, all countries in the region will face challenges ahead.