ECONOMYNEXT – The International Monetary Fund has revised down Sri Lanka’s 2025 reserve projections, in a country report linked to an emergency loan, which analysts warned could happen due to rate cuts and strong private credit growth. Net International Reserves which were expected to grow from 1,493 million US dollars in 2024 to 2,729 million dollars, at the last review, but would now grow to around 2,159 million dollars by end December. NIR would still grow by 666 million dollars, down from 1,236 million dollars. The end December IMF program target is 448 million dollars. Analysts had warned in general…
IMF revises down Sri Lanka reserve projections for 2025 and 2026
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