Coordinated assistance program vital for Sri Lanka’s recovery, int’l financial institutions say
For Sri Lankan's Overseas
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DEC
06

Coordinated assistance program vital for Sri Lanka’s recovery, int’l financial institutions say

Coordinated assistance program vital for Sri Lanka’s recovery, int’l financial institutions say

 

Representatives of the World Bank (WB), Asian Development Bank (ADB), International Monetary Fund (IMF) and Asian Infrastructure Investment Bank (AIIB) have decided that a coordinated assistance program supported by the multilateral financial institutions is vital for Sri Lanka to recover from the ongoing economic crisis.


They reached the agreement following a lengthy round table discussion held Tuesday (06 Dec) with President Ranil Wickremesinghe in Colombo, where the latter, in his capacity as the Minister of Finance, Economic Stabilization and National Policies, presented Sri Lanka’s development program associated with the economic recovery and growth along with the vision for long term development.

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