Wednesday, 31 January 2024 10:59

IMF recognises Sri Lanka as first in Asia to publicize GDF Featured

Sri Lanka has become the first Asian country to publish its Growth Diagnostic Framework (GDF), a major development in addressing its economic challenges and promoting sustainable growth.

Developed with the IMF, the GDF provides a detailed tool for analyzing economic constraints, helping the government prioritize policies to remove these barriers and stimulate growth.

Joel Turkewitz from the IMF's Legal Department highlighted the importance of rule-based appointments in the Anti-Corruption Commission as a key aspect of the framework.

This was discussed in an episode of Advocata Studio featuring Advocata Chair Murtaza Jafferjee and IMF representatives Peter Breuer and Joel Turkewitz.

The conversation focused on Sri Lanka's proactive use of IMF expertise to identify and tackle critical economic issues. Peter Breuer, IMF Senior Mission Chief for Sri Lanka, expressed optimism about the country's commitment to reforms, emphasizing the importance of enforcement mechanisms and the selection process for anti-corruption commissioners.

 

 

 

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