Will support Sri Lanka’s economic reform agenda – IMF
The International Monetary Fund says it will continue to support the government’s economic reform agenda.
The IMF delivered these assurances in a statement issued following a meeting held between IMF officials and Minister of Finance Mangala Samaraweera and Governor of the Central Bank Dr. Indrajit Coomaraswamy.
Accordingly Managing Director of the IMF Christine Lagarde said “I was pleased to meet with Minister Samaraweera and Governor Coomaraswamy this afternoon.”
“We discussed the challenging economic environment and the policy priorities for the country.
“The authorities stressed Sri Lanka’s continued commitment to their economic reform agenda under the IMF-supported program.”
The statement said the two sides agreed that a strong policy mix, with effective implementation of that agenda, is key to strengthening confidence, while putting Sri Lanka on a sustainable, high-quality growth path that would benefit its people.
The IMF Managing Director also stated “The IMF remains ready to support the Sri Lankan authorities in these endeavours and an IMF team is scheduled to visit Colombo in mid-February to resume program discussions.”
(Source: News Radio)
Latest Headlines
- Sri Lanka Government to relax import restrictions on nearly 400 items June 2, 2023
- Reform momentum must continue despite tentative signs of improvement in Sri Lanka Economy – IMF June 2, 2023
- Government’s objective is to develop Sri Lanka as a thriving nation by 2048 June 2, 2023
- Sri Lankan Rupee appreciates against U.S. Dollar June 1, 2023
- Professionals belonging to 14 categories required to register with Inland Revenue Department from June 01 June 1, 2023
- Bruno Divakara remanded until June 07 June 1, 2023
- Over 9,000 dengue cases reported in Sri Lanka in May, 2023 June 1, 2023