President Anura Kumara Dissanayake met with the Deputy Managing Director of the International Monetary Fund (IMF), Ms. Gita Gopinath, and the delegation this morning (16) at the Presidential Secretariat.
During the meeting, President Disanayake expressed his sincere appreciation to the IMF for its continued support in guiding Sri Lanka through its recent financial crisis. He also raised concerns regarding the recently imposed U.S. tariffs, noting their potential impact, as approximately 25% of Sri Lanka’s total exports are directed to the United States. The President further highlighted the challenges posed by on-going global conflicts and their potential implications for Sri Lanka. However, he mentioned to the delegation that appropriate measures are being taken to manage and mitigate these risks effectively.
The discussion also focused on Sri Lanka’s trade relationship with the European Union, particularly the GSP+ trade concession, which accounts for 23% of the country’s exports and provides preferential access to the EU market. The President emphasized the current government’s interest in expanding investment opportunities, stating that economic recovery would be driven through increased investor confidence. He reiterated that the current administration is people-oriented and committed to advancing in close alignment with public aspirations.