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Global crises slam brakes on Sri Lanka’s recovery: IMF

Sri Lanka’s economic recovery is beginning to lose momentum under the weight of renewed global shocks, the International Monetary Fund (IMF) said, warning that the war in the Middle East, rising oil prices, and post-cyclone disruptions are slowing growth. The three elements are reigniting inflationary risks and exposing unfinished reforms in the country’s fragile recovery path. [...]