Lessons from Sri Lanka’s IMF Bailout and Reforms | Innovation Island Summit
Автор: Observer Research Foundation
Загружено: 2025-03-04
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In Conversation 2 - From Crisis to Resurgence: Pathways for Progress
Sri Lanka’s recent journey from a crippling macroeconomic crisis to a gradual recovery offers valuable lessons in resilience and reform. In 2022, the country faced severe economic hardships, a sovereign default forced Sri Lanka to seek a bailout from the International Monetary Fund, and the country has since had to undertake a series of economic reforms. Tourism, remittances, and renewed investor confidence have contributed to stabilizing the economy, though a number of challenges persist. The Sri Lankan experience underscores the importance of political will, international cooperation, and economic diversification in navigating crises.
Speakers
Harshana Suriyapperuma, Deputy Minister of Finance and Planning, Sri Lanka
Eranga Weeraratne, Deputy Minister of Digital Economy, Sri Lanka
Moderator
Anirban Sarma, Director, Digital Societies Initiative, Observer Research Foundation, India
#srilanka #reforms #imf
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