News

Advisory group on multilateral engagement and debt sustainability appointed

06 Apr, 2022

Feature Image

President Gotabaya Rajapaksa has appointed a team of eminent economic and fiscal experts as Members of a Presidential Advisory Group on Multilateral Engagement and Debt Sustainability.

The Members of the Advisory Group are Dr Indrajit Coomaraswamy, Former Governor, Central Bank of Sri Lanka and Former Director, Economic Affairs Division of the Commonwealth Secretariat, Shanta Devarajan, Professor of the Practice of Development, Georgetown University and Former Chief Economist, World Bank and Dr Sharmini Coorey, Former Director, Institute of Capacity Development of the IMF Institute, and Former Deputy Director, Africa Department, IMF.

Since the appointment of the Presidential Advisory Group, the Members have had a round of discussions with the President on key matters in going forward with the IMF programme, and continue to be in regular communication with related requirements.

Among the responsibilities that the Presidential Advisory Group will undertake are to engage in discussions with relevant Sri Lankan institutions and officials engaging with the IMF, and to provide guidance that will address the present debt crisis and lead towards sustainable and inclusive recovery for Sri Lanka. (Colombo Gazette)

Recommended For You

Feature Image

President confident can overcome challenges in New Year

President Gotabaya Rajapaksa says he is confident Sri Lanka can overcome the challenges in the New Year. The President said that the dawn of the New Year instinctively inspires everyone to look to the future with optimism and determination. “Therefore, we welcome the year 2022 with great enthusiasm and anticipation.?We need to reflect on the impact the past year has had on the country and society, and I believe that this should be with a resolution for future prosperity,” the President said.

01 Jan, 2022

Feature Image

President Rajapaksa bestowed with the ?Sri Lankadheeshwara Padma Vibhushana? title

President Gotabaya Rajapaksa was today bestowed with the ?Sri Lankadheeshwara Padma Vibhushana? title. The title was conferred on the President by the Kotte Sri Kalyani Samagri Dharma Maha Sanga Sabha. Speaking at the event, the President recalled the role he played to defeat the LTTE as a soldier and as Defence Secretary. He also noted that he was elected as President with the majority support of the Sinhalese community. The President said that he has been given the responsibility of protec

02 Jan, 2022

Feature Image

Father and son drown in Sathmale Ella

A father and son drowned in the Sathmale Ella in Deniyaya today. The Police said that five people from the same family had gone to the area today. A 16-year-old boy who was among the group had fallen into the water while taking a selfie. The 48-year-old father had jumped into the water to save the boy but both had drowned. Navy divers recovered the bodies. (Colombo Gazette)

01 Jan, 2022