INSUBCONTINENT EXCLUSIVE:
The World Bank will continue to support Sri Lankas development reforms program, the representatives of the worldwide banks guaranteed
today.They stated that the World Bank would provide technical assistance in the preparing of laws for development policy operations, as well
as work to offer extra assistance and assistance relating to making use of international media and welfare benefits.The delegation including
the Vice President of the South Asian Region of World Bank, Martin Raiser, met President Ranil Wickremesinghe at the Presidential
Secretariat today (Feb 28)
The World Bank Development Policy Operational Program was completely examined and the President and World Bank representatives talked about
its progress.Improving financial guidance and credit management, improving tax administration, sovereign-financial sector linkages and
minimizing systemic threats; maintaining stability and self-confidence in the banking sector, restructuring and divestment, lowering policy
uncertainty and increasing competitiveness in the economy, mobilizing private capital and competition in the broadband market, strengthening
the social security institution, delivery system and targeting was discussed.World Banks Country Director for Sri Lanka, Faris H
Hadad-zervos; World Banks Country Manager for Maldives and Sri Lanka, Chiyo Kanda; International Finance Corporation(IFC) Country Manager
Sri Lanka and Maldives, Alejandro Alvarez de la Campa; Advisor of the World Bank in Sri Lanka, Husam Abudagga; World Bank agents; Presidents
Senior Advisor on National Security and Presidents Chief of Staff, Sagala Ratnayake; Presidents Secretary, Saman Ekanayake; Finance Ministry
Secretary, Mahinda Siriwardana; Presidents Senior Advisor on Economic Affairs, Dr
Samaratunga; Central Bank Governor, Dr
Nandalal Weerasinghe; other officials took part in the event.
