18 countries offer ten billion dollar loan concession :Ranil

17 August 2024 06:04 pm Views - {{hitsCtrl.values.hits}} 51 Bookmark

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Colombo, August 17 (Daily Mirror) - President Ranil Wickremesinghe kicked off his campaign today by revealing that 18 creditor nations have offered USD 18 billion loan concession.

Speaking during his inaugural Presidential election rally, President Wickremesinghe said 18 nations have offered concession from due interest.

"We have to keep the IMF agreement and also the agreement with the creditors intact to receive the cinsessions offered by the creditors," he said.

Comments - 51

joshua Saturday, 17 August 2024 06:26 PM

Thanks and Bye

13 63

Balla Donkey Saturday, 17 August 2024 09:20 PM

Don't you feel shame to live on loans

8 52

Tissa Fernando Sunday, 18 August 2024 05:37 AM

Wait for your NPP to open their coffers to pay the loans then.

6 13

How To Pay These Loans Sunday, 18 August 2024 05:27 PM

Tissa the anti NPP person :)! You encourage loans but any solution in paying them? The issue with Ranil is not curtailing corruption and having high government expenditures such as ensuring politicians, senior officers in the forces and other government agencies get perks and privileges beyond the government’s ability. Developments which are not urgent is also another cause of overspending resulting in endless loans being taken.

1 6

Jagath Sunday, 18 August 2024 05:55 AM

This the money stolen by the ranil rajapaksa criminal syndicate.

5 16

Tissa Fernando Sunday, 18 August 2024 07:56 PM

If you so confident about this allegation then file a case against them in the Supreme Court. But you cannot because all what you say is what you hear from NPP. Do you know the total cost of economic damage due to NPP subotage activities over several decades. It will be in Billions of Dollars.

6 3

Gx Sunday, 18 August 2024 12:53 PM

Ranil has to gooooo. He is bowling too much to IMF demands, we don't want IMF to dominant srilanka with terms and conditions to suite the West...

8 8

Lk Saturday, 17 August 2024 06:32 PM

You all created this begging culture for this country and still you are shameless seeking a mandate for next 5 years ? Vote for NPP to get rid of all thse people who looted the public fund ?.

21 53

Try Sunday, 18 August 2024 12:07 AM

We all dined at that table...

2 3

Gabriella Sunday, 18 August 2024 12:51 AM

Bravo My Dear Sir ! Well Said. But, oh no, we can't vote for the NPP. The batsman is 76 not out. We have to wait until he makes a hundred.

6 5

Wera Sunday, 18 August 2024 03:42 AM

So how is the NPP going to manage without taking loans? I hear they want to reduce taxes too. Sounds wonderful if you are too dumb to think. The NPP plan is like Sirima's 70s era. The trouble is that most younger generation were not born then. Therefore they get carried away with this type of economic rubbish.

8 14

Be reàĺìstìc Monday, 19 August 2024 05:41 AM

NPP will bring Sri Lanka to permanent bankruptcy. We need a leader who can manage the economy in these very difficult times.

1 0

Securing loans is a great achievement Saturday, 17 August 2024 06:47 PM

There we go again. Loan after loan; never ending. All SLs are exalted. All must vote for RW so that our children's and grandchildren's inheritance will be the debts we leave behind. Great governance.

10 46

Don’t care about monuments Saturday, 17 August 2024 06:50 PM

Why SL bothering about these monuments? There are statues, monuments of all the people all over the world. 50% of the population against these monuments and 50% for it. Why should SL waste its time for a monument in a far away place as Canada? Probably nothing better for this foreign minister to do. He, I am told will be out after September 21 st 2024.

6 23

Sandy Saturday, 17 August 2024 06:52 PM

May be like Volkswagen factory project

11 37

Onlooker Saturday, 17 August 2024 07:04 PM

But this is more borrowing and consumption. Artificially we have surplus by increased taxes on the whole population and reduced imports. All this is artificial. Real economic growth not addressed by Ranil. All this looks only for his political survival for another 5 years and then we will be in a real mess.

4 34

wickrama Wijayasiri Saturday, 17 August 2024 07:06 PM

This cannot go on. Why do you want to make us live on more loans indebting even children who are not even born yet? Is this development and progress. You and your bunch of 'Crooks

4 28

R Saturday, 17 August 2024 07:07 PM

Excellent work by unelected master debating president. His internal work on normal folks back for 10 billion

6 21

Karalasingam Sivalingam Saturday, 17 August 2024 07:14 PM

Clever crafts man, congratulations

18 13

Hassanda Saturday, 17 August 2024 07:16 PM

Mr RW I know you want to gain maximum votes Please don’t sell our assets and pawn our. beautiful land of paradise - already SLanka Is in a begging bowl and you want SL sink further And the future generation will suffer for years God Bless our future generation

8 29

Rip Winkle Saturday, 17 August 2024 07:17 PM

Oh, boy! Reminds me of the fairy tales my grandma told me when I was little.

6 28

Yours and Previous Regimes Created This Debt Issue Over The Decades Saturday, 17 August 2024 07:48 PM

You fellas created this loans issues by over spending on your luxury lifestyle and excessive amounts on unnecessary projects. Didn’t follow or create a proper Budget and kept on spending and borrowing like there is no tomorrow. You also didn’t control corruption and bringing to justice those involved in it. Now bragging and seems proud that you are able to get new 10 Billion dollars loans and the next generations paying for it too. Definitely will benefit your kind and most citizens will continue suffering similarly over the decades with substandard healthcare and transportation facilities. Always waiting and begging from developed countries for complimentary facilities and funds. The budgeted funds for these projects are than spent on huge security forces to protect your fellow so called politicians. Have your government to gather an overseas team of auditors to check on the governments expenditure and see the amount of corruption going on.

2 25

Buddhist Saturday, 17 August 2024 08:01 PM

Talk is cheap Ranil. You have been telling us that debt restructuring is over but you have never shown your agreements even to the Parliament. So first show the agreements to the Parliament.

4 30

Postponing Old Loan Payments And Seeking New Loans- Ranil’s Legacy Saturday, 17 August 2024 08:04 PM

Ranil’s same old rhetoric is good for postponing loan repayments and creating new loan deals. Also notbringing to justice on those corrupted people and unresolved murder cases. That will be his legacy!

3 19

Amila Perera Saturday, 17 August 2024 08:06 PM

Still begging. Endless . Stop this mad man

4 29

Tissa Fernando Sunday, 18 August 2024 05:38 AM

Then get ready to stay in fuel queues again .

13 3

sachith Sunday, 18 August 2024 11:36 AM

There is a thing called investments, which brings foreign money and creates jobs for local and can earn export revenue too. But investors dont come to a country controlled by crooks like Ranil and the clan.

1 7

Ranjith Wijegunasekera Saturday, 17 August 2024 08:23 PM

No more loans please

4 29

Tissa Fernando Sunday, 18 August 2024 05:39 AM

Without loans you will starve.

12 4

ScaranjithA Saturday, 17 August 2024 08:34 PM

Congratulation to the Team who led the negotiation. Let us as a nation get together to meet the chellange of meeting the repayment program.

16 19

HAS NOT PAID THE LOANS AND MOST OF THE INTEREST YET. Sunday, 18 August 2024 02:27 AM

That’s means accepting the current regime which is corrupt to the core. These current and previous regimes brought this crisis to the forefront with no proper accountability, planning and most full of corrup. And now asking the people to joint hands to assist in clearing up the mess and these so called politicians living the good lives with their families and selected people. Majority of the population is struggling and stressed up. NPP with a professional younger team and mindset will definitely take time to sort out this crisis and bring about austerity changes to everyone. If not, year after year, new loans are taken to pay old loans and their never ending interest. Remember, SL is still Bankrupt and Ranil has only arranged loan repayments after 2027. He HAS NOT PAID THE LOANS AND MOST OF THE INTEREST YET. The way majority of the comments about Ranil is able to resolved the crisis is just plain wrong as he’s only arranged a deal with IMF to delay loan and interest payments.

3 7

saman Saturday, 17 August 2024 09:12 PM

We didn't know people were calling you "joli seeya" since you are an expert in telling fairy tales.

4 26

Pathmaranjan Saturday, 17 August 2024 11:02 PM

Why Ranil Wickramasinghe always lies . No ne believe him.

2 9

Avanka Perera Saturday, 17 August 2024 11:11 PM

what a shame to live on loans, you are putting people in more debt and burden of taxes, instead we must have productivity. we will not have a country to live none of you pay taxes and the money will be robbed again please go away we don't want you.

3 8

Joshua Saturday, 17 August 2024 11:13 PM

Yes, that why it is a bye for RW this time

2 7

kondaya77 Sunday, 18 August 2024 12:58 AM

How will you repay this big loan?With a begging bowl?Is this political hype?

1 6

Herman Perera Sunday, 18 August 2024 02:52 AM

SRI LOANKA - THE LOAN RANGER will put the country on a begging Mission.

1 6

Kevin Sunday, 18 August 2024 03:32 AM

Only Sri Lankans vote for loans, free goodies, discounted bread, free chewing gum, cooking gas and the like. Expand your horizons, dear voters. These are 1970s election gimmicks elsewhere. They have moved on.

1 4

mina Sunday, 18 August 2024 05:38 AM

This man has one goal that is to obtain loans and sell what ever we have, he has no plans of earning foreign exchange through investments.Chase him in the first opportunity we get.

2 5

Bandara Gamaga Sunday, 18 August 2024 06:15 AM

RAnil, we don't want any more loans. Can't pay existing loans. Need international investments to create jobs. WHy is the country stuck with idiots?

2 4

Prof Maheepala Sunday, 18 August 2024 08:34 AM

It’s you and your friends who created this loan and the economic situation, with corruption, bribery commissions etc., They all became rich themselves. What actions been taken to recover these money and actions against them. So far, nothing.

2 3

Sena Sunday, 18 August 2024 09:05 AM

SL has fallen well behind most 3rd world countries in terms of development. Solely due to successive generations of family politics and incompetent people in governance. However, the time has come to bring the educated younger generation to lead our nation and retire the self-serving dinosaurs that have caused so much misery for our people.

2 5

Vive James Sunday, 18 August 2024 09:36 AM

This culture started since 83, waged the war with Loans. Majority didn't bother about that because , Racism . Now we dont have money to feed the people including 6.9 million who voted for Gota.. You will never get over it because you have a system which is very racial. Bankruptcy For EVER.

2 4

Soori Maripalan Sunday, 18 August 2024 09:43 AM

Well done for making more loans for poor people. Some Gonas are happy because they get big cuts from the Pina for these! Poor man suffer forever to enjoy this Pin group!!

1 7

Handun Sunday, 18 August 2024 01:40 PM

Whitewash black money.

0 3

sam Sunday, 18 August 2024 05:43 PM

How much will be looted?

0 1

M Fernando Sunday, 18 August 2024 06:06 PM

If you get a loan write-off from your western friends, and a pegged exchange rate for the LKR, I will SO vote for you Sir !

1 0

Patcitz Monday, 19 August 2024 01:22 AM

It is not your personal money, whoever gain the presidency will gain it, therefore, international world must stop funding financially up until the stable government takes over the country, except Ranil plaining to RUIN the nation.

0 1

M Waz Monday, 19 August 2024 02:14 AM

what a muppet! do you think taking loans I going to fix the issue. Develop a manufacturing economy and increase foreign reserves.

0 0

Concession queen Monday, 19 August 2024 03:37 AM

Define "concessions". The devil is in the details so it would be appropriate to publish the amendments in full for tax payers to know what they are being faced with in the future when all these concessions expire.

0 0

Rishan Monday, 19 August 2024 02:37 PM

In fact what is the actual percentage use for development ? What is the actual cost ? Considering all , very little goes for development. Still struggling to complete the Central highway. Better to give it to any loan donor country to build the central highway on BOT model. Similarly any large scale project IMF should monitor where the funds are utilise.

0 0

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