Senior Minister and Coordinating Minister for Social Policies Shanmugaratnam has held the post of Managing Director of the Monetary Authority of Singapore, Singapore’s Central Bank and financial regulator. He had served as Minister of Finance of Singapore.

Minister Peiris briefed Minister Shanmugaratnam on issues relating to Sri Lanka’s economy and the staff level discussions with the IMF. He requested Singapore’s assistance with regard to the way forward in resolving these issues.

The two Ministers had a wide ranging discussion on the current situation in Sri Lanka.