President Dissanayake Stands Firm in IMF Objectives, Calls for Alternative Solutions to Alleviate People’s Burden
During an important meeting today, President Anura Kumara Dissanayake had direct discussions with the IMF delegation, which included Director of the Asia Pacific Department, Krishna Srinivasan and Senior Mission Chief Dr. Peter Breuer, to review the progress of Sri Lanka’s ongoing IMF program.
Accompanying the President were key Sri Lankan officials such as Central Bank Governor Dr. Nandalal Weerasinghe, Secretary to the Treasury Mr. Mahinda Siriwardena, Dr. Harshana Sooriyapperuma, Senior Advisors to the President Prof. Anil Jayantha, and Mr. Duminda Hulangamuwa.
President Dissanayake reiterated the government’s overall agreement with the objectives of the IMF program but stressed the importance of achieving these goals through alternative methods that lessen the burden on the people. He mentioned the government’s plans to provide relief to those struggling with high VAT and income taxes.
The IMF acknowledged President Dissanayake’s commitment to the program’s objectives and agreed to explore the alternative approaches proposed by the Sri Lankan government.
Furthermore, the two parties discussed the initiation of the third review of the program. Despite delays due to the upcoming General Elections, President Dissanayake assured the IMF of the government’s commitment to continue the program smoothly and facilitate the third review process.
President Anura Kumara Dissanayake met with an IMF delegation to discuss the progress of Sri Lanka’s ongoing IMF program. Accompanied by key officials, including the Central Bank Governor and Secretary to the Treasury, the President reaffirmed the government’s agreement with the program’s objectives but emphasized the need to relieve the burden on the people. The IMF appreciated the President’s commitment and willingness to explore alternative approaches proposed by Sri Lanka. They also discussed the initiation of the third review of the program, with the President assuring the IMF of the government’s dedication to continuing the program despite delays due to upcoming elections.
