Government updates development partners, private sector on progress

The government yesterday held a roundtable discussion with the country’s development partners and the private sector over the progress Sri Lanka has achieved since the unprecedented economic crisis last year.
This meeting followed the previous session in December 2022.

During the previous session in December 2022, representatives from the  World Bank (WB), Asian Development Bank (ADB), International Monetary  Fund (IMF), and Asian Infrastructure Investment Bank (AIIB) emphasised  that a coordinated assistance programme, supported by the multilateral  financial institutions, is required for Sri Lanka to recover from the economic crisis currently facing the country.
President’s Media Division said yesterday’s roundtable discussions provided an open and candid forum between the government, the developmental partners, and the private  
sector to share key updates and recommendations to sustain the momentum of the nation’s reform efforts.

“Outcomes from the discussions in the roundtable signaled overwhelming commitment and confidence from both the developmental partners and the private sector in the government’s present reform efforts,” PMD said in a statement. It also said the government has provided a clear framework to improving coordination and communications, along with detailed action plans on the implementation and delivery of the reform agenda.
“To strengthen delivery, the government has plans to set-up a Presidential Delivery Unit, conduct Economic Labs with the private sector, and hold open days to communicate outcomes to the public of what has been achieved and delivered,” the statement said.

Treasury Secretary Mahinda Siriwardana and the Central Bank Governor Dr.Nandalal Weerasinghe made presentations at the event.
Officials representing the World Bank, Asian Development Bank, International Monetary Fund, Asian Infrastructure Investment Bank, International Finance Corporation Multilateral Investment Guarantee Agency, Japan International Cooperation Agency, United States Agency for International Development, the European Union and United Nations were present at the meeting.
John Keells Chairman Krishan Balendra, MAS Holdings Chairman Mahesh Amlean, Oversight Committee for trade and investment Chairman Ajit  Gunewardene, Ceylon Chamber President Duminda Hulangamuwa and Nations Trust Bank Chairperson Sherin Cader joined as  private sector representatives.