Home Top Story Delay in China’s positive response delays IMF bailout: Wijeyadasa 20 February 2023 02:24 pm – 4 – {{hitsCtrl.values.hits}}
The delay in China’s positive response in restructuring Sri Lanka’s debt has been the only obstacle in securing the International Monetary Fund (IMF) bailout at the moment, Justice Minister Wijeyadasa Rajapakshe said.
He told reporters that Sri Lanka needs the support of the IMF to secure the confidence of the international community in the country’s economy.
The Minister said suggestions were made in late 2021 that Sri Lanka should seek IMF assistance and said “We were late to seek IMF assistance as the then Central Bank Governor refused to do so,” he said. (Ajith Siriwardana)
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Comments – 4 Free thinker Monday, 20 February 2023 02:45 PM
A friend in need is a friend indeed. Thank you India. China looks after itself by controlling poorer countries like SL. Sri Lankans learning lessons even after 75 years of independence.
johan Monday, 20 February 2023 02:55 PM
Not only China’s positive response but also IMF will be looking forward for a stable govt. elected through people’s mandate, who should be able manage the funds provided by them utilized in a fruitful manner and also course of action that would taken by the successive Govt.to repay same.A Welded Govt.could temporarily occupy the seats to calm down the PEOPLE’S STRUGGLE
Ram Monday, 20 February 2023 03:16 PM
Wijedasa will never get the response he wants or the response that IMF required from China
Ranjan Monday, 20 February 2023 03:18 PM
If all these top grade crooks are caught and forced to pay back and fined else put behind bars, will we need IMF?
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