High-level IMF delegation meets new govt’s economic team, discuss reforms

High-level IMF delegation meets new govt’s economic team, discuss reforms

October 2, 2024   09:50 pm

A high-level delegation from the International Monetary Fund (IMF) arrived in Sri Lanka today (2) to engage with the newly formed government led by President Anura Kumara Dissanayake. 

The primary objective of the visit was to initiate discussions on the progress of the IMF program and necessary steps towards the release of the fourth tranche of the $ 2.9 billion Extended Fund Facility (EFF), the President’s Office said.

The meeting, held at the Presidential Secretariat, featured cordial discussions between the IMF delegation and the economic team of the new government. Both parties reviewed the IMF programme thus far and outlined the way forward for future collaboration, the statement said.

“The IMF delegation expressed appreciation for the significant changes taking place in Sri Lanka, boosting the positive outlook on Sri Lanka under the present government,” it said. 

The IMF team included Dr. Peter Breuer, Senior Mission Chief; Dr. Sarwat Jahan, Resident Representative and Ms. Manavee Abeyawickrama, Economist.

Representing Sri Lanka were key members of the Economic Policy Council, including Dr. Harshana Suriyapperuma, Prof. Anil Jayantha Fernando, Chair of the Economic Policy Council & Senior Advisor to the President on Economic Affairs & Finance, Mr. Sunil Handunnetti, Prof. Seetha Bandara Ranathunga, Mr. Sunil Gamage, Senior Advisor to the President Mr. Duminda Hulangamuwa, Dr. Nandasiri Kihimbiyahetti, Prof. O. G. Dayaratne Banda and Mr. Amarasena Athukorala. 

This meeting marks a crucial step in reinforcing Sri Lanka’s commitment to economic stability and securing continued support from the IMF, according to the President’s Media Division (PMD).

--PMD

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

LIVE🔴 Ada Derana Prime Time News Bulletin 6.55 pm

LIVE🔴 Ada Derana Prime Time News Bulletin 6.55 pm

LIVE🔴 Ada Derana Lunch Time News Bulletin 12.00 pm

Deputy Minister discusses challenges hindering Sri Lankan industries' growth with WB officials (English)

Sri Lanka Cricket implements historic amendments to constitution (English)

President reveals plans to transform public service into streamlined state mechanism (English)

LIVE🔴 Ada Derana Lunch Time News Bulletin 12.00 pm

Sri Lanka's research efforts are not interconnected - President's Senior Advisor on Science & Tech (English)

Cabinet spokesman shares updates on Arugam Bay security and other key issues (English)