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IMF+commends+Governments+development+programme.-Video
Thursday, 31 July 2014 - 8:01
IMF commends Governments development programme.-Video
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The Executive Director at the International Monetary Fund  in Washington, D.C., representing Sri Lanka, India, Bangladesh and Bhutan, Dr. Rakesh Mohan called on President Mahinda Rajapaksa 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 and ASEAN because these regions are among the least connected.

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.

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