World Bank assures support to Sri Lanka

Date:

The World Bank has promised continued support to Sri Lanka, Prime Minister Dinesh Gunawardena said in remarks published on Wednesday.

He made the comment after discussions with World Bank Country Director Chiyo Kanda and senior strategy and operations officials about the progress of ongoing projects and proposed future projects, the Daily Mirror reported.

The Prime Minister briefed the delegation about the steps taken by the government to overcome economic challenges and said the new reforms would result in early conclusion of monetary arrangements with the International Monetary Fund.

The World Bank Director expressed satisfaction over the short term measures to ease the economic situation and stressed the need for continuous midterm and long-term efforts. She assured continuous support to Sri Lanka, the daily said.

They exchanged views on the new reforms, including monetary and fiscal reforms which will soon see passage through the Cabinet and Parliament to pull the country out of its current economic crisis.

spot_img

Share post:

Subscribe

Adspot_imgspot_img

Popular

More like this
Related

CEC Gyanesh Kumar meets 3 envoys for democratic cooperation

New Delhi, Sep 22 (IANS) Chief Election Commissioner and...

Exercise ‘Veer Guardian 2026’ concludes, enhances interoperability between India and Japan

New Delhi, Sep 22 (IANS) Bilateral air exercise 'Veer...

‘New dimension to ties’: EAM Jaishankar welcomes cricket match between India and Japan

New York, Sep 22 (IANS) External Affairs Minister (EAM)...

Meghalaya opens rehab centre, rolls out SOPs for state facilities

Guwahati, Sep 22 (IANS) Meghalaya Chief Minister Conrad K....