The BGA Sri Lanka Team led by BGA Senior Advisor Chullante Jayasuriya, wrote an update to clients on the the country’s outlook for 2024. Context Sri Lanka's 2024 outlook is cautiously optimistic, marked by a robust decline in inflation and a significant boost in foreign reserves. Colombo's recent fiscal measures, including a vital International Monetary Fund (IMF) bailout, signal a commitment to economic reform, despite the strain of new tax legislation on its citizens. Significance Despite economic … Continue Reading