Sri Lanka and IMF talks kicks off

Feb 19, 2015 (LBO) – Sri Lanka Finance Minister Ravi Karunanayake and International Monetary Fund Managing Director Christine Largarde discussion had kicked off in Washington today. Management level dialogue will continue on the occasion of the Spring Meetings of the IMF and the World Bank in April. the statement said. We had a fruitful discussion about recent economic developments in Sri Lanka and the near-term outlook, a joint statement issued by Lagarde and Karunanayake said.

These discussions will continue in the context of the next regularly scheduled Post-Program Monitoring mission led by Todd Schneider, which will visit Sri Lanka from February 23 through March 4. IMF Asia and Pacific Department Director Changyong Rhee will also join the mission to meet with senior officials,

The Post-Program Monitoring mission is expected to be followed by IMF technical assistance missions focused on tax policy and administration, public financial management, and financial sector supervision, the statement said.

Sri Lanka started a 2.5 billion US dollar program with the IMF in 2009.