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IMF, WB praise country's economic performance - Minister Ravi Karunanayake

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The current economic performance of Sri Lanka was given a special praise during the ongoing biannual summit of the International Monetary Fund and World Bank at Washington DC, said Finance Minister Ravi Karunanayake. The minister points out that he started separate discussions with heads of the IMF and the WB. The summit began on April 18 and concluded yesterday (23rd April).

Finance Minister Ravi Karunanayake participated in the G24 Finance Ministers’ meeting and, the current economic performance of Sri Lanka was discussed in the meeting. Meanwhile, the first post of vice president of the G24 Finance Ministers Council was offered to Minister Ravi Karunanayake. This is a big achievement of the country. The Finance Minister stated that the discussion held with IMF Deputy Managing Director Mr. Mitsuhiro Furusawa was successful.

Later the finance minister met WB Vice chairman Ms. Annette Dixon. During the meeting with Ms. Dixon, she said the WB praised the economic development performance of Sri Lanka. She also said that the WB and International Development Institute will assist Sri Lanka further in the future to continue its development.

On the sidelines of the biannual summit, Finance Minister Karunanayake and his delegation had successful discussions with Chairperson of US Federal Reserve Mrs. Janet Yellen. In addition, Sri Lankan delegation held discussions with senior US Treasury officials.

The Sri Lankan delegation led by Finance Minister Ravi Karunanayake included Treasury Secretary Dr. R.H.S. Samaratunga, several senior officials attached to the Ministry of Finance and the Sri Lanka Central Bank.