2 December 2021 09:40 am Views - 181
The United National Party today raised questions over the claims made by Central Bank Governor Ajith Nivard Cabraal regarding conditions being laid down by the International Monetary Fund.
Speaking to the media, UNP Working Committee member, Dinouk Colombage, requested the Central Bank Governor to reveal what conditions have been proposed by the IMF if they were to provide assistance to the country. “The Governor has claimed that if Sri Lanka was to seek out assistance from the IMF, we would have to devalue the currency by 30% and we would have to reduce Government jobs. Where has the IMF made these demands? In 2009 former President Mahinda Rajapaksa’s government entered into an agreement with the IMF, on that occasion Mr. Cabraal was the Central Bank Governor and he did not oppose such an agreement.