header logo
Vallibel FD
Selan Bank
Latest
IMF reaffirms support as Sri Lanka reviews next phase of economic recovery
Jun 30, 202604:55 PM
IMF reaffirms support as Sri Lanka reviews next phase of economic recovery
Mobitel inner 1278

Representatives from the International Monetary Fund (IMF) have met with Prime Minister Dr. Harini Amarasuriya today (30) at Temple Trees to review Sri Lanka's economic progress and discuss the country's priorities for the next phase of development.

 

During the meeting, the Prime Minister expressed her appreciation for the continued support extended by the IMF to Sri Lanka over the past one and a half years, emphasizing the importance of maintaining a constructive partnership ahead, according to a statement issued by the Prime Minister's Media Division.

 

Prime Minister Amarasuriya noted that, amid growing global uncertainties, Sri Lanka must continuously recalibrate its direction to ensure sustainable progress.

 

She highlighted the need to pay particular attention to sectors that are highly influenced by global trends, including energy, ports, and agriculture, while strengthening the country's resilience to external shocks, the statement said.

 

The IMF representatives commended Sri Lanka's remarkable economic turnaround, acknowledging the significant progress achieved in stabilizing the economy, including the substantial reduction in inflation.

 

They also recognized the challenges posed by the uncertain global economic environment and assured the Government that Sri Lanka is not alone in facing these challenges. The IMF reaffirmed its readiness to continue supporting Sri Lanka through partnership in line with the country's priorities.

 

The discussions also focused on the importance of trade, attracting investment, strengthening social protection, promoting inclusive economic growth, and developing infrastructure.

 

The Prime Minister noted that economic growth and social protection must advance together, as neither can succeed in isolation, the statement said.

 

She noted that achieving this balance requires strong public infrastructure, particularly in areas such as waste management and sewerage systems.

 

The Prime Minister further underscored the importance of addressing the existing human resource gaps affecting effective service delivery, it added.

 

The meeting was attended by the Deputy Director, Asia and Pacific Department, IMF Sonali Jain-Chandra, IMF Mission Chief for Sri Lanka, Evan Papageorgiou, IMF Resident Representative to Sri Lanka, Martha Woldemichael, and Secretary to the Prime Minister, Pradeep Saputhanthri, Senior Deputy Governor Central Bank K. M. A. N. Daulagala and Members of Central Bank, Additional Secretary to the Prime Minister, Sagarika Bogahawatta.

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.

Comments

0
Comments are disabled

Note: Due to legal constraints, the Ada Derana Editorial team has taken a decision to disable comments on all articles concerning ongoing court procedures.

MostRead
Mobitel 1278
VideoStories
Suspect arrested over illegal USD 80 million overseas transfers remanded until September 17

Suspect arrested over illegal USD 80 million overseas transfers remanded until September 17

 Indian Defence Minister Rajnath Singh concludes official three-day visit to Sri Lanka

Indian Defence Minister Rajnath Singh concludes official three-day visit to Sri Lanka

Supreme Court invalidates presidential pardon granted to Gnanasara Thero by ex-President Maithipala

Supreme Court invalidates presidential pardon granted to Gnanasara Thero by ex-President Maithipala

Brent crude surges past USD 100 a barrel as Middle East conflict escalates

Brent crude surges past USD 100 a barrel as Middle East conflict escalates

 President meets Indian Defence Minister, Three new agreements exchanged

President meets Indian Defence Minister, Three new agreements exchanged

 Over 154,000 people across Sri Lanka affected by prolonged dry weather condition

Over 154,000 people across Sri Lanka affected by prolonged dry weather condition

 Key informant targeted after Rs. 5 billion 'Ice' seizure; Fake police jeep recovered

Key informant targeted after Rs. 5 billion 'Ice' seizure; Fake police jeep recovered

Thailand suspended visa-free entry for Sri Lankans over illegal activities, says FM Vijitha Herath

Thailand suspended visa-free entry for Sri Lankans over illegal activities, says FM Vijitha Herath

FUTA announces one-day strike tomorrow; 24 railway unions to strike on Sept. 17 & 18

FUTA announces one-day strike tomorrow; 24 railway unions to strike on Sept. 17 & 18

Namal escorted to parliament by prisons officers; MPs clash over SC hearing on 22A petitions

Namal escorted to parliament by prisons officers; MPs clash over SC hearing on 22A petitions

 No secret security deals, insists Foreign Minister as Indian Defence Minister lands in Sri Lanka

No secret security deals, insists Foreign Minister as Indian Defence Minister lands in Sri Lanka

El Niño affecting coral reefs and marine life around Sri Lanka

El Niño affecting coral reefs and marine life around Sri Lanka

 No referendum to enact 22A? Free Lawyers Org. seeks support against 22A after President’s remarks

No referendum to enact 22A? Free Lawyers Org. seeks support against 22A after President’s remarks

 Namal in Prison: Security tightened Politicians flock to visit remanded Namal Rajapaksa at prison

Namal in Prison: Security tightened Politicians flock to visit remanded Namal Rajapaksa at prison

 “Govt. moving forward with a dictatorial agenda”

“Govt. moving forward with a dictatorial agenda”

Lassana Flora