Sri Lanka commences IMF-World Bank Spring Meetings with positive bilateral talks
Sri Lanka began the International Monetary Fund and World Bank Group (IMF/WBG) Spring Meetings with a productive bilateral discussion with Kenji Okamura, the Deputy Managing Director of the IMF, according to State Minister of Finance, Shehan Semasinghe.
The Sri Lankan delegation, led by Semasinghe, met with Mr. Okamura during the Spring Meetings, which started on April 15, 2024, in Washington, D.C., and will continue until April 19. The meetings attract policymakers, civil society members, researchers, and other high-ranking officials.
In a post on X, Semasinghe shared that Okamura praised the Sri Lankan authorities for their strong implementation of the program and significant progress in reforms.
Okamura also emphasized the importance of maintaining the hard-earned gains and continuing the strong ownership since the start of the IMF program.
Semasinghe added, “Alongside the Governor of the Central Bank of Sri Lanka (CBSL) and the Secretary to the Treasury, we discussed the recent socio-economic developments and our commitment to ensuring the continuity and consistency of the macroeconomic policies and reforms initiated under the program.”
Latest Headlines in Sri Lanka
- Moody’s upgrades Sri Lanka’s credit rating after $12.55 billion debt restructuring December 23, 2024
- Daylight shooting in Koskandawala leaves man injured December 23, 2024
- Sri Lanka withdraws Tri-Forces from former Presidents’ security effective today December 23, 2024
- Sri Lanka launches nationwide traffic operation today December 23, 2024
- Sri Lanka PM and ADB Country Director focus on education development December 22, 2024