economy is cracking, the crumbling bits and pieces are falling. Economy is heading for collapse.
These IMF people are lying..
We should have people like donaldcleevel in IMF..
SL ECONOMY ON THE RIGHT TRACK IMF
Third review in place to release US$ 330 mn
The International Monetary Fund (IMF) said yesterday that the Sri Lankan economy was heading in the right direction and the growth rate was expected to settle at 3.5% by end 2009.
Visiting IMF Head of Mission Dr. Brian Aitken told the media that with gross reserves now at more comfortable levels, the risk of an imminent balance of payments crisis was no longer present.
This improved situation provides space for the Government to carry out policy reforms that will address the economy's vulnerabilities, accelerate reconstruction and resettlement and lay the basis for strong future growth.