The current economic performance of Sri Lanka was given special praise during the ongoing biannual summit of the International Monetary Fund and World Bank in Washington DC, said Finance Minister Ravi Karunanayake.
The minister pointed out that he started separate discussions with heads of the IMF and the WB. The summit began on April 18 and concluded yesterday.
Finance Minister Karunanayake participated in the G24 Finance Ministers’ meeting and the current economic performance of Sri Lanka was discussed at the meeting. Meanwhile, the first post of Vice President of the G24 Finance Ministers Council was offered to Minister Ravi Karunanayake which is a significant achievement. The Finance Minister stated that the discussion held with IMF Deputy Managing Director Mitsuhiro Furusawa was successful.
The Finance Minister later met WB Vice chairman Annette Dixon. During the meeting, Dixon said the WB praised the economic development 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 Janet Yellen. In addition, the Sri Lankan delegation held discussions with senior US Treasury officials.
The Sri Lankan delegation led by Finance Minister Karunanayake included Treasury Secretary Dr. R.H.S. Samaratunga, several senior officials attached to the Ministry of Finance and the Central Bank.