Sri Lanka's economic recovery remains incomplete despite recent strong performance, with growth still below pre-crisis levels and poverty significantly elevated, the World Bank warned today(7).
Its latest Sri Lanka Development Update projects growth of 4.6 per cent in 2025, but notes the recovery is "uneven."
The World Bank urged the government to implement urgent structural reforms, including improving the business environment and modernising tax administration, alongside more efficient and better-targeted public spending to boost private sector-led growth and reduce poverty.