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Sri Lanka wins hearts at IMF-World Bank meetings

Daily FT

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October 21, 2025

SL delegation led by CBSL Governor Dr. Nandalal Weerasinghe Participating in Global Sovereign Debt Roundtable, SL welcomes global efforts to address debt vulnerabilities and strengthen coordination Highlights near completion of its debt restructuring and recent IMF program milestones Calls for clearer processes in commercial debt restructuring, regular updates on bilateral agreements, practical guidance on liability management, and greater debt transparency Constructive engagement has reinforced support for Sri Lanka's economic recovery, debt sustainability, and investment climate

SRI Lanka's reform trajectory and macroeconomic stabilisation efforts drew strong international endorsement during the 2025 World Bank Group and International Monetary Fund (IMF) Annual Meetings held in Washington, D.C., from 13 to 18 October, the Central Bank of Sri Lanka (CBSL) said in a statement yesterday.

The CBSL said the Sri Lankan delegation, led by Governor Dr. Nandalal Weerasinghe, participated in a series of high-level bilateral and multilateral discussions that reinforced investor confidence in the country's recovery and reform agenda. The delegation also included senior officials from the Central Bank and Finance Ministry.

According to the statement, Governor Weerasinghe met with the Managing Director of the IMF, the President of the World Bank Group, senior officials from both institutions, and representatives from the US Department of the Treasury.

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