Sri Lanka’s newly elected President Anura Dissanayake’s economic team held its first meeting with an International Monetary Fund (IMF) delegation. The discussions, which took place at the Presidential Secretariat, focused on reviewing the current IMF program and exploring future collaboration. The IMF delegation, which included Peter Breuer (Senior Mission Chief), Sarwat Jahan (Resident Representative), and
Sri Lanka’s three-member cabinet, including President Anura Dissanayake, has sanctioned a proposal to allocate Rs. 5 billion from the government’s consolidated fund to facilitate the upcoming general elections. Cabinet spokesman Minister Vijitha Herath explained that the 2024 budget had initially allocated funds for only one election, leaving no resources for a general election. According to
The World Bank Group has reaffirmed its commitment to support Sri Lanka in a letter addressed to the newly elected President, Anura Dissanayake. The letter, signed by senior regional officers overseeing the country, emphasized the institution’s readiness to assist the new administration in its efforts to drive economic recovery. The World Bank has been providing