Thursday, 01 June 2023 09:09

Sri Lanka and IMF look at strengthening financial governance Featured

Sri Lanka and the International Monetary Fund (IMF) have looked at strengthening financial governance in Sri Lanka.

State Minister of Finance Shehan Semasinghe had talks with the Deputy Managing Director of the IMF, Kenji Okamura.

“It was a great pleasure to meet IMF DMD Kenji Okamura. Discussed the progress of the EFF programme, challenges & opportunities & the ambitious reform agenda implemented by the govt of LKA to stabilize & promote growth despite the challenging macroeconomic environment,” the State Minister tweeted.

He said that the need of a diversified economy, improving the business environment, strengthening financial governance and an anti-corruption legislation to unlock growth potential was also noted.

The State Minister said that the IMF is looking forward to strengthening its relationship with Sri Lanka.

“We further discussed on better targeted transparent selection on providing social welfare benifits & the financial assistance to be provided directly to the beneficiary accounts from the month of July to the most eligible low-income and vulnerable individuals & families,” Semasinghe tweeted.

 

 

 

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