Sri Lankan Delegation Engages in Productive Talks with IMF and World Bank Group in DC

 

The Sri Lankan delegation, led by State Finance Minister Shehan Semasinghe, commenced the IMF and World Bank Group Spring meetings with fruitful discussions in Washington, D.C.

The meeting with Kenji Okamura, Deputy Managing Director of the IMF, saw commendations for Sri Lanka's strong program implementation and reform progress. Okamura emphasized the importance of maintaining the country's hard-earned gains and sustaining strong ownership. State Minister Semasinghe, accompanied by the Governor of the Central Bank of Sri Lanka and the Secretary to the Treasury, briefed Okamura on recent socio-economic developments and the commitment to consistent macroeconomic policies and reforms.

Additionally, the delegation met with Dr. Krishnamurthy Subramanian, IMF Executive Director for India and Sri Lanka, discussing progress in debt restructuring and the upcoming 2nd Review of the IMF program. Parameswaran Iyer, World Bank Executive Director for India and Sri Lanka, applauded Sri Lanka's reform efforts and assured continued support, highlighting internal restructuring within the World Bank that could benefit the country.