President Anura Kumara Dissanayake mentioned latest financial indicators clearly exhibit that the Sri Lankan economic system has now entered a path in direction of stability, and that the federal government’s goal is to make use of this stability as a powerful basis to take the nation in direction of a transformative period.
The President additionally emphasised that the federal government’s goal was to make use of the financial beneficial properties achieved by the nation to ease and enhance the dwelling requirements of the folks.
President Anura Kumara Dissanayake made these remarks whereas collaborating in a dialogue held on the Presidential Secretariat this morning (Sep. 17) with a delegation led by Worldwide Financial Fund (IMF) Mission Chief Evan Papageorgiou.
The delegation is in Sri Lanka for the seventh evaluation of the nation’s Prolonged Fund Facility (EFF) programme and the 2026 Article IV Session, and is scheduled to stay in Colombo from September 10 to 23.
Talking on the assembly, IMF Mission Chief Evan Papageorgiou famous that Sri Lanka had achieved important financial progress underneath the management of President Anura Kumara Dissanayake.
He additionally recommended the nation’s progress in sustaining fiscal self-discipline throughout the latest interval, together with rising authorities income and attracting international funding.
He additional highlighted the significance of making certain that the financial stability achieved thus far is maintained when transferring in direction of 2027 and past.
President Anura Kumara Dissanayake additional famous that the programme being applied between the federal government and the IMF had supplied an necessary basis for Sri Lanka in reaching financial stability.
He mentioned this financial stability had additionally enabled the nation to face the financial impacts of the latest main pure catastrophe, Cyclone Ditwah, in addition to the results of the battle within the Center East.
The President additional famous that Sri Lanka had been capable of keep an financial development price of 4.2% for the second quarter of this 12 months, which he mentioned was an necessary indication that the economic system is recovering and rising.
Recalling the federal government’s efficiency in gathering tax income over the previous two years, President Anura Kumara Dissanayake reiterated that the federal government’s goal was to safeguard the financial stability achieved with the help of the IMF.
The IMF famous the achievements in implementing the social welfare profit programme, an necessary deliverable underneath the IMF-supported programme.
The difficulties confronted by the general public resulting from elevated vitality prices arising from the battle within the Center East have been additionally mentioned.
The IMF delegation additionally included Mr Enrique Flores Curiel, Ms Dinar Prihardini, Ms Ursula Wiriadinata, Ms Ozlem Aydin, Mr Yorbol Yakhshilikov, Mr Klakow Akepanidtaworn, Ms Yan Chen, Ms Martha Woldemichael, Resident Consultant, and Ms Manavee Abeyawickrama, Native Economist.
Representing Sri Lanka have been Dr P. Nandalal Weerasinghe, Governor of the Central Financial institution of Sri Lanka; Dr Harshana Suriyapperuma, Secretary, Ministry of Finance, Planning and Financial Improvement; Mr Duminda Hulangamuwa, Senior Financial Advisor to the President; Mr G.M.R.D. Aponsu, Senior Further Secretary to the President (Finance and Financial Affairs)
(President’s Media Division)