Sri Lanka unveils ‘Govt. Action Plan’ based on IMF governance diagnostic assessment

Sri Lanka unveils ‘Govt. Action Plan’ based on IMF governance diagnostic assessment

March 1, 2024   12:31 pm

The Finance Ministry on Thursday (Feb.29) unveiled the Government Action Plan, which was prepared based on the Governance Diagnostic Assessment (GDA) furnished by the International Monetary Fund (IMF).

Taking to his X handle (formerly Twitter), Finance State Minister Shehan Semasinghe said this action plan further demonstrates the Sri Lankan government’s commitment to building a sustainable economy and good governance in the country.

The IMF had prepared the governance diagnostic report at the request of Sri Lanka, and the publication was deemed imperative for the authorities to adopt their own action plan to implement the recommendations in the assessment, beyond the priority commitments under the EFF arrangement.

Sri Lanka is the first country in Asia to have undergone the IMF Governance Diagnostic exercise.

The IMF earlier lauded the timely publication of the GDA, highlighting that it was a commendable first step towards addressing deep-rooted corruption weaknesses.

 

Government Action Plan - Up... by Adaderana Online

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Most Viewed Video Stories

President meets ITAK parliamentary group; Discuss power devolution and missing persons (English)

President meets ITAK parliamentary group; Discuss power devolution and missing persons (English)

No political favoritism in granting new investment opportunities - President to BOI officials (English)

Govt. allocates nearly Rs. 1,402 billion through Vote on Account (English)

LIVE🔴 Ada Derana Prime Time News Bulletin 6.55 pm

LIVE🔴 Ada Derana Lunch Time News Bulletin 12.00 pm

Sri Lanka invites UAE to be strong development partner – Minister Sunil Handunnetti (English)

244 'Mahaviru' commemoration events held in North, LTTE symbols displayed at 10 - Minister (English)

Sri Lanka's apparel and textile exports surge by 21.77% in October 2024 (English)