Lankapage Logo Recent Top Stories
CP 14 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* IMF Executive Director, President discuss Sri Lanka's role in Asian region
Wed, Jul 30, 2014, 08:44 pm SL Time, ColomboPage News Desk, Sri Lanka.

July 30, Colombo: The Executive Director at the International Monetary Fund (IMF) representing Sri Lanka, India, Bangladesh and Bhutan, Dr. Rakesh Mohan called on President Mahinda Rajapaksa Wednesday at Temple Trees.

Commenting on the Government's initiatives toward rapid infrastructure development, Dr. Mohan said that it was a very wise decision to put in place development plans that focus on the medium and long term and not just the short term. Dr. Mohan said he was "delighted to see that” because it is very seldom that countries implement such long-term strategies.

President Rajapaksa said that the long-term, sustainable development of the country was always his priority when devising development initiatives for Sri Lanka.

Dr. Mohan also said that the IMF wants to promote interconnectivity among the regions of SAARC (South Asian Association for Regional Cooperation) and ASEAN (Association of Southeast Asian Nations) because these regions are among the least connected.

Commenting on the role President Rajapaksa can play in the region, Dr. Mohan said, "You are the senior leader in SAARC."

The President and Dr. Mohan also discussed the BRICS Bank, an institution headed by Brazil, Russia, India, China and South Africa. The discussion also focused on how Sri Lanka could benefit from BRICS.

Governor of the Central Bank of Sri Lanka Mr. Ajith Nivard Cabraal was present for the meeting.

ColomboPage - Recent 10 Stories
Sri Lanka's 2015 budget focused on long term development - Central Bank Governor
-- [3 hours ago]
Sri Lanka joins China-led Asian Infrastructure Investment Bank
-- [3 hours ago]
Sri Lanka hires eighth lobbying firm in the US
-- [4 hours ago]
Sri Lanka business chamber to host seminar on bilateral trade with UK on October 29
-- [6 hours ago]
Counter arguments raised to support Sri Lankan President's eligibility for the third term
-- [7 hours ago]
Three Sri Lankans alleged of spying for Pakistan charged in Indian court
-- [7 hours ago]
Sri Lanka ruling party secretary launches campaign for prime minister post
Beggars under watch in Sri Lanka after an abducted child was found with a beggar
Snap presidential election is unconstitutional, Sri Lanka Marxist party tells EC
Sri Lanka CID investigates Rs. 1.5 billion fraud in purchasing coal for Norochcholai power plant

Copyright © 2000, 2014 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.