Sri Lanka expects economy to grow at 5%, repay all debt, President Dissanayake says

Sri Lanka aims to transform its economy and commence debt repayments by 2028, President Anura Kumara Dissanayake stated in his first full budget. The budget aligns with a $2.9 billion IMF bailout, targeting a primary surplus of 2.3% of GDP and significant poverty reduction while maintaining stable exchange rates.