News
IMF programme in SL showing signs of working – Breuer
IMF programme in Sri Lanka was showing signs of “working” and it was translating into real outcomes, Peter Breuer, IMF’s Senior Mission Chief for Sri Lanka said during a meeting with President Ranil Wickremesinghe at the Finance Ministry on Thursday (07), President’s Media Division (PMD) announced.
Breuer said that positive outcome was thanks to Sri Lankan authorities’ commitment to the programme and its implementation.
He added that it was heartening to see the economy starting to turn around.Earlier in the day, Sri Lanka’s State Minister for Finance, Shehan Semasinghe said the above meeting marks the IMF’s second review of the Extended Fund Facility (EFF) program for Sri Lanka.
Semasinghe said the government aims for a successful review and reach the staff-level agreement which will help unlock the third tranche of the IMF’s bailout package, about 337 million U.S. dollars.In March 2023, the IMF approved a 48-month extended arrangement under EFF of about 3 billion dollars to support Sri Lanka’s economic policies and reforms.
Following the conclusion of bilateral discussions between President Anura Kumara Disanayake and Prime Minister of India, Shri Narendra Modi, official-level talks between the delegations of Sri Lanka and India commenced this morning (05) at the Presidential Secretariat in Colombo.
Representing the Government of Sri Lanka were Prime Minister Dr. Harini Amarasuriya, Minister of Foreign Affairs, Foreign Employment and Tourism, Vijitha Herath; Minister of Labour and Deputy Minister of Economic Development, Anil Jayantha; Secretary to the President Dr. Nandika Sanath Kumanayake; Governor of the Central Bank of Sri Lanka, Dr. P. Nandalal Weerasinghe, along with other senior officials.
The Indian delegation included Minister of External Affairs Dr. S. Jaishankar, National Security Advisor Ajit Doval, Foreign Secretary Vikram Misri and His Excellency Santosh Jha, High Commissioner of India to Sri Lanka, along with several other senior officials of the Government of India.
Indian Prime Minister Shri Narendra Modi, who arrived in Sri Lanka on the invitation of President Anura Kumara Disanayake on Friday [04] night, visited the Presidential Secretariat this morning (05).
The Indian Prime Minister was warmly welcomed by President Anura Kumara Disanayake upon his arrival at the Presidential Secretariat.
Prime Minister Modi is currently on a state visit to Sri Lanka, reaffirming the theme “Friendship of Centuries — Commitment to a Prosperous Future” which symbolises the longstanding ties between Sri Lanka and India. The Indian Premier is scheduled to remain in the country until tomorrow (06).
[PMD]
The official welcoming ceremony for Indian Prime Minister Narendra Modi, was held this morning (05) at the Independence Square in Colombo.
On arrival at the Independence Square the Indian Prime Minister was warmly welcomed by President Anura Kumara Disanayake.
Discussions between Sri Lankan and Indian delegations at the presidential secretariat
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Indian Prime Minister Shri Narendra Modi arrives at the presidential secretariat
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