Sri Lanka elected Intergovernmental G-24 on Int’l Monetary Affairs and Development chair

---

Finance Minister Ravi Karunanayake was elected as Chairman of the Intergovernmental G-24 at the just concluded annual conference of the IMF and WB held at the Peruvian Capital Lima from 9 to 11 of this month. 
At the summit the two foremost international lending agencies focused on the development derive initiated by the new regime of Sri Lanka and committed an enhanced aid package for Sri Lanka. The financial aid package with no strings attached was an outstanding achievement by Sri Lanka. 
The deliberations at the annual summit primarily focused emerging global economic trends and the economic processes and onward journey of developed and developing countries took the centre stage. In his address to the summit, Karunanayake briefed the delegates on the new economic strategies adopted by Sri Lanka.