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Sri Lanka's economy "Never Recovered" after 2019 crisis - Economist ...
May 4, 2026 at 1:42 PM Sri Lanka’s economy has not recovered since the 2019 currency crisis and subsequent International Monetary Fund (IMF) intervention, according to Steve H. Hanke, economics professor at Johns Hopkins University. In a post on ‘X’, Hanke noted that until the crisis struck, Sri Lanka’s growth trajectory was on par with India. “Contrary to reports in the Western media, since the crisis and the IMF’s intervention, the economy has never recovered,” he said, addressing the country’s prolonged struggles. (Newswire) Until the currency crisis hit Sri Lanka in 2019, it was growing on par with India. Contrary to reports in the Western media, since the crisis and the IMF’s intervention, the economy has never recovered. pic.twitter.com/HTdlhPOpEm — Steve Hanke (@steve_hanke) May 4, 2026 2026-05-04
SRI LANKA ECONOMIC CRISIS - The Economic Times
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Sri Lanka's economy grew by 5 % in 2024: Central Bank
"The Government and the Central Bank of Sri Lanka have taken bold steps to recover the economy from the crisis. The implementation of the IMF-EFF programme and debt restructuring efforts were important pillars of this journey of recovery.
Until the currency crisis hit Sri Lanka in 2019, it was growing on par ...
7 hours ago ... Steve Hanke (@steve_hanke). 33 likes 5 replies. Until the currency crisis hit Sri ... crisis and the IMF's intervention, the economy has never recovered.
