@chamihin@himalkk lol what a random post.
what does akd continuing imf have to do with what i said? how does this statement show recklessness in a post imf world?
also fyi, gota initiated imf discussions. nadalal had most of the discussions done before ranil came to power.
Quietly, Sri Lanka is witnessing a new wave of infrastructure and economic recovery efforts across the country.
More than 1,780 small, medium and large scale projects that had been halted indefinitely in 2022 many originally initiated under previous governments are now being revived and completed based on priority needs. For the first time, funding has been systematically allocated to continue these projects instead of leaving them abandoned.
At the same time, Sri Lanka has secured another US$695 million from the IMF following the completion of the fifth and sixth reviews of the country’s reform programme. The IMF stated that Sri Lanka’s reform performance remains “generally strong” despite global economic pressures, while also cautioning that the Middle East conflict and Cyclone Ditwah could still pose risks to the country’s recovery.
In addition, the government is expected to allocate nearly Rs. 2,000 billion (around US$6.5 billion) for development by 2027 without relying on new foreign loans.
Among the major projects planned are:
The Rambukkana–Galagedara expressway, expected to become the first high-speed road through Sri Lanka’s hill country.
The Kurunegala–Dambulla expressway, a strategically important link connecting the North and East.
Both projects are expected to be funded through local revenue rather than external borrowing.
Sri Lanka’s railway sector is also preparing for a historic transformation. With support from the Asian Development Bank, work is expected to begin in 2027 on the Ragama–Maradana–Panadura and Maradana–Makumbura elevated electrified railway lines. This would introduce Sri Lanka’s first electric railway system and mark the transition from Broad Gauge to Standard Gauge rail infrastructure.
A new railway headquarters and control centre near Elphinstone Theatre in Maradana is also nearing completion.
Meanwhile:
The Negombo fishery harbour is being redeveloped to improve both tourism and the livelihoods of fishing communities.
Modern Multi-Modal Transport Hubs are being developed in Colombo Fort, Kandy Goodshed and Anuradhapura with improved accessibility, including facilities for persons with disabilities.
Colombo’s public transport network is set for a major upgrade with 122 new low-floor, double-door AC buses under the Metrobus service from August onwards.
Around 100 railway stations across the country are being renovated and modernised with better passenger facilities.
The years 2026, 2027 and 2028 could become defining years for Sri Lanka’s infrastructure sector, with several major projects expected to progress or be completed, including:
Kadawatha–Meerigama Expressway
Pothuhera–Galagedara Expressway
Kurunegala–Dambulla Expressway
Kelenigama–Horana–Ingiriya Expressway
Getambe Flyover in Kandy
Peradeniya–Kandy double railway track
Bandaranaike International Airport Terminal 2
Colombo Port’s WCT and ECT-2 developments
Whether viewed with optimism or caution, Sri Lanka appears to be entering a period where economic stabilisation and long-delayed infrastructure ambitions are gradually moving forward together once again.
@aarush2105@mav_maverikja Way bigger economy because of the larger population. On a per capita basis, India is far behind most countries including Sri Lanka. On avg Sri Lankans enjoy a much better quality of life while indian metrics are somewhere near Africa level