With the Sri Lanka Economic Summit 2023 set to take place on November 28 and 29 on the theme “Sustain Reform, Accelerate Growth”, the first session of the Summit will focus on ‘Leveraging Fiscal Stability for Accelerated Growth’.
This session will address the challenges and opportunities surrounding the stabilisation and reform progress of Sri Lanka’s economy.
Topics discussed will explore Sri Lanka’s performance thus far under the IMF Program, and multilateral agency assessment of this progress. In addition, it will also explore expectations in terms of fiscal reform, and strategies to pursue when prioritising and streamlining expenditure, and policies that can be implemented to drive growth.
The plenary will include a presentation by Takafumi Kadono, Country Director for Sri Lanka, ADB. Session panelists will include Mahinda Siriwardana – Secretary to the Treasury, Ministry of Finance, Dr. Sarwat Jahan – IMF Resident Representative for Sri Lanka, Faris Hadad-Zervos – World Bank Country Director for Maldives, Nepal and Sri Lanka, and Bingumal Thewarathanthri – Chief Executive Officer, Standard Chartered Bank, Sri Lanka, and Murtaza Jafferjee, Chairman, Advocata Institute as the moderator.
The panel will engage in a discussion on the economic landscape and the road ahead. They will explore strategies to meet IMF program benchmarks and share insights on how Sri Lanka can sustain reform and accelerate growth in the modern context.
