ReferIndia News Middle Income Economy by World Bank – Outlook Business

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Middle Income Economy by World Bank – Outlook Business

Published on: July 2, 2026, 12:07 p.m. | Source: Outlook Business

Sri Lanka has been upgraded to an upper-middle-income economy by the World Bank after a 5% GDP expansion in 2025, marking a strong recovery from its 2022 economic crisis. Learn how tourism, financial services, IMF-backed reforms and debt restructuring helped the island nation regain its status and signal renewed economic resilience.

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