SL’s Economic Reforms Earn IMF Approval

January 19, Colombo (LNW): The International Monetary Fund (IMF) representatives underscored the critical need for precise implementation of economic reforms during a review meeting chaired by Sri Lanka’s Acting Minister of Finance, Shehan Semasinghe. Minister Semasinghe expressed satisfaction with the progress made in addressing the economic crisis through the ongoing reforms directed under his leadership.

Discussions at the meeting centered on the reforms’ specifics and their timelines, with the IMF delegation, led by senior mission head Peter Brewer, providing valuable insights. Minister Semasinghe highlighted ongoing dialogues to refine the reform agenda.

It was emphasized that these reforms are vital for the country’s economic development, transcending political affiliations, and the delegation pledged to communicate this importance to all political entities, including the opposition. Minister Semasinghe also noted the delegation’s input from their visits to the North and East regions, emphasizing the imperative of incorporating regional perspectives into the reform process.