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World Bank VP lauds Mangala on economic reforms

The World Bank Vice President for the South Asia Region, Hartwig Schafer said that he congratulated Finance and Media Minister Mangala Samaraweera on the many reforms he has "championed" in the last year, including the Inland Revenue Act and the National Audit Act.

WB tweet
Schafer met with Samaraweera yesterday to discuss the many challenges that still remain
 such as increasing foreign direct investments as well as improving the country’s competitiveness and increasing its private sector participation. 

Finance Minister Samaraweera had briefed the visiting World Bank VP on Sri Lanka’s strong progress in Doing Business and Human Capital Indicators and pointed out that Sri Lanka leads the region in the Human Capital Index. Furthermore, he had stressed that a lot more investment is planned for education, health, and social service sectors in the future.

During his three-day visit, Schafer will meet President Maithripala Sirisena, Prime Minister Ranil Wickremesinghe, the Mayor of Colombo Rosy Senanayake and other senior government officials.

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