Will remain steadfast partner in supporting Sri Lanka and its people: IMF

4 October 2024 11:28 pm Views - 1786

Colombo, October 04 (Daily Mirror)- Asserting that the International Monetary Fund (IMF) remains a steadfast partner in supporting Sri Lanka and its people, Director for Asia Pacific Department Krishna Srinivasan said today that the IMF team will continue its close engagement with Sri Lanka’s economic team to set a date for the third review of the IMF-supported programme.

Issuing a statement at the conclusion of the visit by the IMF high-level delegation in Sri Lanka, Srinivasan said they held productive discussions with President Dissanayake and Sri Lanka’s economic team on the economic and financial challenges facing the Sri Lankan economy.

“We held productive discussions with President Dissanayake and Sri Lanka’s economic team on the economic and financial challenges facing the Sri Lankan economy. We agreed on the importance of continuing to safeguard and build on the hard-won gains that have helped put Sri Lanka on a path to economic recovery since entering one of its worst economic crises in 2022," he said.

“We are encouraged by the authorities’ commitment to continue the reform efforts. The IMF remains a steadfast partner in supporting Sri Lanka and its people and stands ready to assist the country achieve its economic reform goals. The IMF team will continue its close engagement with Sri Lanka’s economic team to set a date for the third review of the IMF-supported programme," he added.

An International Monetary Fund (IMF) team led by Krishna Srinivasan, Director for the Asia Pacific Department, visited Colombo from October 2 to 4, 2024 where they met President Anura Kumara Dissanayake, Prime Minister Harini Amarasuriya, Minister Vijitha Herath, Central Bank of Sri Lanka Governor Nandalal Weerasinghe, Secretary to the Treasury Mahinda Siriwardena and other stakeholders.