The World Bank has reaffirmed its commitment to helping Sri Lanka restore development, provide social protection, and stabilize the economy.
This was communicated by the World Bank’s Managing Director of Operations, Anna Bjerde, to State Minister of Finance Shehan Semasinghe on Tuesday during a meeting in the US. (April 11).
The World Bank representative and Semasinghe talked about how Sri Lanka’s reform strategy would support economic recovery during their conversation.
The state minister is in Washington, DC, for the World Bank Group and International Monetary Fund (IMF) Spring Meetings.
Dr. Nandalal Weerasinghe, governor of the Central Bank of Sri Lanka, and Mahinda Siriwardana, secretary of the Treasury, are also present at the sessions.
The Sri Lankan delegation also interacted with the World Bank team specialized in the social safety net interventions, cash transfer programs and developing effective delivery systems.
On the sidelines of the Spring Meetings, Semasinghe met with Dr. Krishnamurthy Subramanian, the Executive Director of the IMF to discuss Sri Lanka’s ambitious reform agenda and its commitment to successfully completing the IMF program.
Semasinghe says this participation is a great opportunity for Sri Lanka to enhance cooperation with the International partners of Sri Lanka in order to ensure debt sustainability and to further the progress Sri Lanka has made towards economic recovery.
