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High powered advisory team to advise President on IMF, debt management
President Gotabaya Rajapaksa has appointed a high-powered team of senior economic and fiscal experts as Members of the Presidential Advisory Group on Multilateral Engagement and Debt Sustainability, the President's Media Division said.
The Members of the Advisory Group are Dr. Indrajit Coomaraswamy, Former Governor of the Central Bank of Sri Lanka and Former Director of the Economic Affairs Division of the Commonwealth Secretariat, Prof. Shanta Devarajan, Professor of the Practice of Development, Georgetown University and Former Chief Economist, World Bank and Dr Sharmini Coorey, Former Director, Institute of Capacity Development of the IMF Institute, and Former Deputy Director, Africa Department, IMF.
Since the appointment of the Presidential Advisory Group, the Members have had a round of discussions with the President on key matters in going forward with the IMF program, and continue to be in regular communication with related requirements.
Among the responsibilities that the Presidential Advisory Group will undertake are to engage in discussions with relevant Sri Lankan institutions and officials engaging with the IMF, and to provide guidance that will address the present debt crisis and lead towards sustainable and inclusive recovery for Sri Lanka.
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