Colombo Stock Exchange (CSE) Chairman Dilshan Wirasekara has expressed his views on the recent presidential election result, stating his optimism that the newly elected President, Anura Kumara Dissanayake, will broadly adhere to the existing International Monetary Fund (IMF) program. In an interview with Haslinda Amin on Bloomberg Markets Asia, Wirasekara emphasized the importance of maintaining the economic reforms initiated under the current IMF agreement.
Wirasekara noted that the IMF program is crucial for stabilizing Sri Lanka’s economy, which has faced significant challenges in recent years, including debt crises and inflationary pressures. He believes the new administration will recognize the importance of continuing these reforms to foster long-term economic growth and financial stability.
Highlighting the role of investor confidence, the CSE Chairman mentioned that adherence to the IMF program would help attract foreign investments and restore stability to Sri Lanka’s financial markets. Wirasekara also stressed that the global financial community is watching how the new administration manages the country’s economic policies, especially in terms of fiscal discipline and structural reforms.
As the CSE continues to recover from past economic disruptions, Wirasekara remains hopeful that under the leadership of President Anura Kumara Dissanayake, Sri Lanka will stay committed to its reform agenda, which is critical to rebuilding trust and sustaining growth in the long term.
(Source: Bloomberg)
