The World Bank has stressed that Sri Lanka’s economic stability depends on the continuous implementation of structural reforms. It warned that the country’s overall economic stability remains vulnerable in the absence of these reforms.

In its latest report, titled Sri Lanka Development Assessment, the World Bank further highlighted the need for successful debt restructuring and sustained reforms to stimulate medium-term economic growth and reduce poverty.

The report also underscores the importance of major reforms to tackle the country’s key economic challenges, which are essential for achieving more inclusive and sustainable growth.