U.S. senior official holds discussions with government on SOE reforms

Oct 25, Colombo: The United States Deputy Assistant Secretary of Treasury for Asia Robert Kaproth has arrived in Sri Lanka.

The purpose of his visit to the island nation for a second time in four months is to discuss the future program for the economic recovery of Sri Lanka, the U.S. Ambassador to Sri Lanka Julie Chang said in a Twitter message.

Kaproth was among the high-level delegation representing the U.S. Department of the Treasury and the U.S. Department of State that visited Sri Lanka from June 26 – 29 this year.

Meanwhile, the Minister of Power and Energy Kanchan Wijesekera met with the US Deputy Assistant Secretary of the Treasury Tuesday and held discussions on restructuring Sri Lanka’s loss making state-owned enterprises (SOEs) in power sector.

The Minister said on Twitter that he discussed reforms in the Power and Energy Sector, policies, debt restructuring, fuel management system and Petroleum products procurement with the visiting Deputy Assistant Secretary to the US Treasury, US Ambassador Julie Chung and officials of US Treasury and USAID.

Following the discussions, Ambassador Chung said on Twitter that “fruitful” discussions were held with the Minister on reforms of state-owned enterprises and the petroleum and power sectors and the changes discussed are necessary to strengthen Sri Lanka’s economy.

The senior official also engaged in discussions with the members of Sri Lanka Opposition Samagi Jana Balwaegaya (SJB), MPs Eran Wickramaratne, Dr. Harsha de Silva and Kabir Hashim.

Ambassador Chung said the Deputy Assistant Secretary met with the Opposition members to hear their views on Sri Lanka’s path out of the current economic crisis as diversity of voices and ideas promote stronger solutions that benefit all citizens.

During his stay Kaproth is expected to hold talks with high-ranking representatives of the Sri Lankan government and economic experts.

Source – Colombopage

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