INSUBCONTINENT EXCLUSIVE:
President Anura Kumara Dissanayake held a highly productive virtual meeting with the Managing Director of the IMF, Ms
partnership between Sri Lanka and the IMF as the country successfully reaches the halfway mark of its 48-month Extended Fund Facility (EFF)
particularly appreciated the support of the Managing Director, the Senior Management, and the IMF staff during the debt restructuring
uncertainties, the PMD said.Ms
Georgieva congratulated the President for ensuring macroeconomic stability and completing the 3rd review under the EFF, as well as the
Georgieva underlined the importance of strengthening macroeconomic fundamentals with good governance frameworks, especially in the wake of
high global uncertainties, slowing global growth, and rising global debt levels.President Anura Kumara Dissanayake reaffirmed his commitment
to move forward with the IMF program while ensuring that the agreed-upon targets align with the aspirations of the Sri Lankan people,
mechanisms to uplift the underprivileged while prioritizing the strengthening of social welfare expenditures as a key policy focus, the
multilateral partners to reduce debt vulnerabilities and promote sustainable and inclusive growth
Georgieva emphasized the need to persevere with the reform agenda under the program to decisively put Sri Lanka on the path to sustainable
She acknowledged that the journey to sustained recovery remains challenging, particularly given rapid global developments in technology and
people.Both the President and the Managing Director agreed on the necessity of continued dialogue and cooperation to achieve sustained
The meeting concluded with a mutual commitment to work together towards a prosperous and sustainable future for Sri Lanka.--PMD--
