Committed to IMF programme goals – President

Importance of achieving IMF objectives through alternative means stressed:
IMF agrees to discuss alternative approaches proposed by Govt:

President Anura Kumara Dissanayake, while reaffirming the Government’s broad agreement in principle with the objectives of the IMF programme, yesterday emphasized the importance of achieving these objectives through alternative means that relieves the burden of the people. The President stated that the Government plans to provide relief to those who are struggling due to high VAT and income taxes.

He expressed these views when he met the IMF delegation led by Director of the Asia Pacific Department, Krishna Srinivasan and Senior Mission Chief Dr. Peter Breuer to discuss the progress of Sri Lanka’s ongoing IMF programme.

The IMF appreciated President Dissanayake’s willingness to commit to the programme’s goals and agreed to discuss the alternative approaches proposed by the Sri Lankan Government.

Additionally, the two parties discussed the initiation of the Third Review of the programme. While there have been delays due to upcoming General Elections, President Dissanayake assured the IMF of the Government’s dedication to continuing the programme without disruption and facilitating the Third Review process.

The President was accompanied by key Sri Lankan officials, including Central Bank Governor Dr. Nandalal Weerasinghe, Treasury Secretary Mahinda Siriwardena, Dr. Harshana Sooriyapperuma and Senior Advisors to the President, Prof. Anil Jayantha and Duminda Hulangamuwa.

The post Committed to IMF programme goals – President appeared first on DailyNews.