President appoints a team of economic experts to advise on debt crisis

(LANKAPUVATH | COLOMBO) – Sri Lanka President Gotabaya Rajapaksa has appointed a team of eminent economic and fiscal experts as Members of the Presidential Advisory Group on Multilateral Engagement and Debt Sustainability, the President’s Media Division announced.

Dr. Indrajit Coomaraswamy, Former Governor, Central Bank of Sri Lanka and Former Director, Economic Affairs Division of the Commonwealth Secretariat; Prof. 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 have been appointed as the Members of the Advisory Group.

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 program, and continue to be in regular communication with related requirements, President’s Media Division said in a release.

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.


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