U.S. Ambassador Alaina B. Teplitz said she continues to urge the government to leverage the resources of the IMF (International Monetary Fund) as a member state and take advantage of the tools that can come to assess Sri Lanka’s economic performance.
In an interview with Daily Mirror, she said she would urge the Sri Lankan government how to engage in changes that would build a much firmer economic foundation.
Commenting on her recent meeting with Finance Minister Basil Rajapaksa, she said she discussed about some of the challenges facing investors, the limitations and the need for that open, transparent environment and of course limiting investors’ exposure to risk and hopefulness that as Sri Lanka works on its business environment that it can adhere to best practices and high international norms. “I’d like to see Sri Lanka attract high-quality investors, and of course expressed that view to the Finance Minister.
I also shared with him what I have said publicly also around concerns about the Sri Lankan economy. It’s not in the best of health at the moment. It’s very difficult times globally because of the pandemic and of course I believe that part of the solution is for Sri Lanka to utilise the resources presented by the International Monetary Fund, or the IMF,” she said.(Daily Mirror)