INSUBCONTINENT EXCLUSIVE:
The International Monetary Fund (IMF) has actually designated Evan Papageorgiou as the brand-new Mission Chief for Sri Lanka, succeeding
Peter Breuer, who concluded his period after playing a key role in Sri Lankas economic recovery efforts.Breuer functioned as the IMF Mission
Chief during a crucial stage when Sri Lanka faced its worst recession in decades
He led settlements on the $3 billion Extended Fund Facility (EFF) program authorized in March 2023 and oversaw the very first 3 reviews of
the program.His management contributed ahead of time conversations on debt restructuring and macroeconomic reforms aimed at bring back
stability and growth.Evan Papageorgiou, who takes over the role, is a Deputy Division Chief in the IMFs Asia and Pacific Department
He brings extensive experience in financial policy and IMF operations in the region.Papageorgiou will now lead the Funds continuous
engagement with Sri Lanka as it continues implementing reforms under the EFF program.
