"And the reforms that have been put in place mean that we're not going to do that again. But we are concerned about depositors and are focused on trying to meet their needs," she added.
Wickremesinghe stated that he and Sri Lanka's Central Bank Governor signed the agreement and sent it to IMF. He noted that a response from IMF is expected this month followed by funds from World Bank and Asian Development Bank.
During the press conference held jointly by the finance ministry and the Reserve Bank of India on the G20 Presidency and the outcome of the G20 meeting, the finance minister said, "Indian Presidency got strong support for all our priorities. I am grateful to the US Secretary Janet Yellen
United States Treasury Secretary Janet Yellen was speaking at the roundtable with US and Indian Tech Business Leaders in Bengaluru on the sidelines of the first Finance Ministers and Central Bank Governors meeting under the India's G20 Presidency.
Before her meeting with Jeremy Hunt, she had met US Treasury Secretary Janet Yellen, Argentina Minister of Economy Sergio Tomas Massa, Japan Finance Minister, Japanese Finance Minister Shunichi Suzuki and Indonesia Finance Minister Sri Mulyani Indrawati.
During the press conference after her speech at the 2023 G20 Finance Ministers and Central Bank Governors Ministerial in Bengaluru, the secretary said, "It is one of the most significant factors that is reducing growth and causing very negative spillovers in low-income countries. We would
Union finance minister Nirmala Sitharaman met US Treasury Secretary Janet Yellen ahead of the first G20 Finance Minister and Central Bank Governors meeting to be held in Bengaluru -- starting Friday.
Malpass will leave his position on June 30, the end of the World Bank's fiscal year, after serving more than four years in the role, said the World Bank.
Several Republican lawmakers, on Wednesday, urged US Secretary of State Antony Blinken to hold China accountable for its human rights abuses and to tell Beijing that their provocative aggression against Taiwan and India is "unacceptable."