The award was conferred on Sri Lanka for its efforts to take the country towards new economic reforms and changing public attitudes in support of such goals. Presenting the award, Chief Editor of The Banker, Brian Caplen stated that the Finance Minister was able to prevent financial crisis which were loomed due to balance of payment and restore the country’s monetary reserves thereby rebuilding confidence in foreign investors.

Receiving the award, Finance Minister Ravi Karunanayake stated that the award was given in recognition of the policy planning taken by the country to strengthen its economy under the guidance of President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe. He added that this award will further encourage Sri Lanka, bringing optimistic hopes for a better future for all Sri Lankans.

Amari Wjewardene, High Commissioner of Sri Lanka in London along with diplomatic officers and the officials of the Banker Magazine were among the guests present at the event.