INSUBCONTINENT EXCLUSIVE:
Minister of Power - Energy Kanchana Wijesekera on Thursday (Sept
21) held constructive discussions with the officials of the International Monetary Fund (IMF) and the World Bank with regard to reforms in
the energy and power sectors.The meeting with IMF officials, which took place at the Presidential Secretariat, focused on the progress of
reforms and cost-reflective pricing mechanisms implemented in the electricity and energy sectors.Additionally, attention was also paid to
Senior Mission Chief, Peter Breuer; Chief of Presidential Staff Sagala Ratnayke; State Minister of Finance Shehan Semasinghe; Governor of
Finance participated in the discussion.The IMF team is in Sri Lanka from September 14 - 27 for the first review of the Extended Fund
Facility (EFF) program for Sri Lanka to help ride out the economic crisis.Meanwhile, the World Bank team assisting the reforms of the
electricity sector has visited the Ministry of Power and Energy.The World Bank has been assisting the proposed Ceylon Electricity Board
have discussed the possibility of implementing a communication platform on reforms, competitive bidding structures for renewable energy, and
technical and financial assistance for energy efficiency.(Meeting with IMF officials at the Presidential Secretariat on Thursday, Sept
