This comes after President Anura Kumara Dissanayake’s pledge to comply with the conditions of the agreement. These talks are vital for Sri Lanka’s ongoing efforts to recover from its severe economic crisis in 2022.

The Sri Lankan delegation to Washington will be led by Central Bank Governor Nandalal Weerasinghe, Treasury Secretary Mahinda Siriwardana, and other key officials, although the final list is still being finalised. Their primary goal is to focus on stabilising and fostering the growth of Sri Lanka’s economy through global financial cooperation.

The 2024 Annual Meetings of the IMF and World Bank Group will take place from October 21 to October 26, with ministerial sessions and key events during October 22-25. The plenary session, along with meetings of the Development Committee and the International Monetary and Financial Committee, will be the main highlights of the gathering.