October 15, 2026
4 developments
Fitch upgrades Sri Lanka to B-
The first post-default upgrade came as the restructuring framework was finalised and normal debt service resumed.
GDP returns to pre-crisis level
The World Bank reported 4.7% growth in H1 2026 and 4.4% projected for the year, though poverty remained at 16.9%.
IMF signals a successor arrangement
The fund indicated engagement would continue beyond the current programme's March 2027 expiry.
FTA momentum builds
A Colombo Wire analysis tied the trade push to the 70th anniversary of diplomatic relations and the 75th of the Rubber-Rice Pact in 2027.