Presidential Advisory Group on Multilateral Engagement and Debt Sustainability appointed

Presidential Advisory Group on Multilateral Engagement and Debt Sustainability appointed

Presidential Advisory Group on Multilateral Engagement and Debt Sustainability appointed

Written by Zulfick Farzan

07 Apr, 2022 | 8:12 am

COLOMBO (News 1st); President Gotabaya Rajapaksa has appointed 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.

  • Prof. Shanta Devarajan, Professor of the Practice of Development, Georgetown University and Former Chief Economist, World Bank.

  • 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.

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