Soldiers secure and cordon off the area near Sri Lanka's President Gotabaya Rajapaksa's home in Colombo on April 1, 2022. (ISHARA S. KODIKARA / AFP)
COLOMBO – Sri Lankan President Gotabaya Rajapaksa has appointed an advisory group on debt sustainability composed of economic and financial experts, the president's media division said on Wednesday night.
The members of the advisory group include Indrajit Coomaraswamy, former governor of the central bank of Sri Lanka, Shanta Devarajan, former chief economist with the World Bank, and Sharmini Coorey, former director of the IMF (International Monetary Fund) Institute for Capacity Development.
ALSO READ: Sri Lanka revokes public emergency
The division said that the members of the advisory group have already held discussion with the president on maintaining regular communication with the IMF.
READ MORE: Sri Lanka's newly-appointed finance minister resigns
The advisory group is entrusted with holding discussions with Sri Lankan officials involved in negotiations with the IMF, and providing guidance on overcoming the current debt crisis, officials said.