No decision on seeking IMF assistance yet – Dullas
Cabinet Spokesman Minister Dullas Alahapperuma says the government has not taken a final decision on whether to seek the assistance of the International Monetary Fund or not, thus far.
Speaking during the weekly Cabinet media briefing, Minister Alahapperuma said the government is in discussion pertaining to seeking IMF assistance.
When inquired by media, the Minister said several Ministers expressed their opinions pertaining to IMF funding during the past few Cabinet meetings.
He said they cannot take a final decision pertaining to the matter when the Minister of Finance is not in the country.
Minister Dullas Alahapperuma said there are three stages to the process and they have not even arrived at a decision pertaining holding discussions with the IMF.
The Minister said if a decision was taken to obtain IMF funding then they have to hold discussions with relevant officials.
He said they will also need to consider the conditions of the IMF before granting the final approval.
(Source: News Radio)
Latest Headlines in Sri Lanka
- Alex Marshall warns of corruption threats in local T20 leagues September 14, 2024
- IMF to resume Sri Lanka program discussions following Presidential Election September 14, 2024
- Sri Lanka to lift motor vehicle import ban in phases starting October 2024 September 14, 2024
- Sri Lanka government proposes personal income tax relief September 13, 2024
- Sri Lanka to lift all vehicle import restrictions by February 2025 September 13, 2024
The brilliant Fin Min is holidaying in the mansion with golden chandeliers in Sunny California, my dear citizens.
Till he returns in late Jan 2022, we will live on punnaku along with cows.
Dear Roxie,
Even Punnaku is rising, almost by 130% in the last year.