Dayasiri explains why Government should go to the IMF
The General Secretary of the Sri Lanka Freedom Party, State Minister Dayasiri Jayasekara says he personally believes the government should seek the assistance of the International Monetary Fund to resolve the present economic crisis.
Speaking to media in Kandy, State Minister Jayasekara said although there are several alternatives, he believes the best course of action should be to obtain the support of the IMF.
He said several countries such as India, China and Japan are not keen on supporting Sri Lanka at present.
The State Minister noted that the IMF will impose certain conditions to support the government.
He said the IMF will request the government to restructure loss-making state entities and ease the burden on state finances.
State Minister Dayasiri Jayasekara noted that the government should anyway take such initiatives since SriLankan Airlines and several institutions are incurring massive losses which are borne by the public who at times don’t even use such services.
(Source: News Radio)
Latest Headlines in Sri Lanka
- IMF third review talks with Sri Lanka successfully conclude November 22, 2024
- Professor Gomika Udugamasooriya appointed Senior Advisor to President on Science and Technology November 22, 2024
- Lohan Ratwatte’s wife further remanded until December 2, 2024 November 22, 2024
- Excavation begins near Veyangoda to uncover reported treasure November 22, 2024
- Thai vets plan to trim tusks of Muthu Raja, elephant repatriated from Sri Lanka November 22, 2024
this guy, who is a trained Lawyer, is now talking economics on behalf of his leader, the P*mbaya S.
He was given an important portfolio, State Minister of Batik, Hand loom and Local Apparel Products, in our pathway to ‘Prosperity and Splendor’.
He has failed, totally, to demonstrate his achievements in the past 2 years.
Batik, Hand loom and Local Apparel Products are key foreign exchange earners in our economy.
Has Mr Dayasiri increased earnings from these industries, supporting us in the pathway to Prosperity and Splendor?
He appears to be sucking up t his boss, the P*mbaya Supremo, who has been classified as the worst Exec-P in SL history.