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* Visiting US top official discusses Sri Lanka’s economy and stability with government leaders
Wed, Jun 7, 2023, 01:59 am SL Time, ColomboPage News Desk, Sri Lanka.

June 06, Colombo: The United States Treasury Department’s Deputy Assistant Secretary of the Treasury for Asia, Robert Kaproth is visiting Sri Lanka this week to meet with the government civil society, and economic leaders to discuss Sri Lanka’s path to maintaining stability & promoting economic prosperity.

Deputy Assistant Secretary Kaproth accompanied by the U.S. Ambassador to Colombo Julie Chung met with Sri Lankan President Ranil Wickremesinghe on Tuesday.

During his meeting with the President, the Deputy Assistant Secretary reaffirmed the United States’ longstanding support for Sri Lanka, spanning over 75 years of diplomatic relations. He reiterated the commitment of the United States to working together with Sri Lanka to achieve its shared vision of a stable, prosperous country.

The top U.S. official and Ambassador Chung also met with the Foreign Affairs Minister Ali Sabry Tuesday at the Ministry.

The discussion between Minister Sabry and the Deputy Assistant Secretary Kaproth focused on the progress of International Monetary Fund (IMF) engagement and debt restructuring.

The U.S. official discussed how the assistance provided by the United States has helped Sri Lanka to emerge from the crisis and encouraged the government to continue the task of enacting sustainable and structural reforms that strengthen Sri Lanka’s economic future.

Deputy Assistant Secretary Kaproth assured the US support to Sri Lanka and was confident with the Government’s reforms and an early sustainable economic recovery.

Deputy Assistant Secretary Kaproth met with the State Minister of Finance Shehan Semasinghe and Treasury Secretary Mahinda Siriwardena Monday and discussed Sri Lanka’s progress of the IMF program, enacting reforms supported by the IMF and the debt restructuring process.

The two sides had a wide-ranging discussion on challenges faced by the country and plans of Sri Lanka to gradually relax import restrictions.

The State Minister of Finance happily noted the commitment of the US government to continually support the recovery process and technical support extend on Sri Lanka’s request for adoption of best practice.


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