Wednesday, 09 March 2016 08:29

IMF only to assist Sri Lanka: PM

Prime Minister Ranil Wickremesinghe yesterday said in Parliament that the government has not asked for even one Dollar from the IMF.


He was responding to a point of order raised by MEP Leader Dinesh Gunawardena. He said the government's discussions with the IMF revolve around two main topics, one is to get its assistance to a forensic audit and the second is to get its advice to a new tax system.

He said the basic targets spelled out in the mid-term economic policy presented by him in 2015 remain unchanged, but certain revisions have to be made to accomplish those targets.

He said a 'Contingent Liability Act' might have to be introduced to tackle unsettled debt in the CPC and SriLankan Airlines.

Gunawardena demanded to know the conditions imposed by the IMF to facilitate a loan of US $ 1 billion. He demanded a special sitting of Parliament next week to facilitate an urgent debate on the financial crisis in the country.

"The statement of the Prime Minister is like a new budget. A single day is insufficient to debate it. Even though the Prime Minister was careful not to present all the facts, we know that the country is facing a serious financial crisis. The Prime Minister did not say a single word on the IMF agreement being discussed. We want to know the conditions under which the government plans to obtain US $ 1 billion from the IMF," he said. Chief Opposition Whip Anura Kumara Dissanayake also rising to a point of order asked to allocate two days, on March 23 and 24, for the debate on the statement by the Prime Minister.

Speaker Karu Jayasuriya said the dates on the debate would be fixed at a Party Leaders' Meeting.


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