Basil gets Cabinet nod to engage with IMF for technical support

15 March 2022 10:54 am Views - {{hitsCtrl.values.hits}} 6 Bookmark

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The Cabinet of Ministers has taken a policy decision to let the Finance Minister Basil Rajapaksa to engage with the International Monetary Fund (IMF) to seek technical support to find solutions for the current economic crisis, says Cabinet Co-spokesperson Ramesh Pathirana.

The decision was taken at the Cabinet of Ministers meeting held on Monday, the Cabinet Co-spokesperson Ramesh Pathirana said.

IMF Asia and Pacific Department Director Changyong Rhee is currently in Colombo to brief President Gotabaya Rajapaksa, Finance Minister Bail Rajapaksa and relevant officials on the fund’s assessment of the crisis-hit economy.

Rhee met with the Finance Minister and Treasury Secretary S. R. Atygalle yesterday.

Comments - 6

Mizaru Tuesday, 15 March 2022 01:44 PM

How many in this cabinet have a clue of what the economy is and the IMF?

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BuffaloaCitizen Tuesday, 15 March 2022 04:52 PM

Will Cabraal resign and go back to working at Renuka Hotel?

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Sambo Tuesday, 15 March 2022 08:55 PM

The cabinet does not know what the IMF is so they will of course will nod for everything the Rajapaksa's say because they slaves to them.

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Jacoob Clown Wednesday, 16 March 2022 01:50 AM

Who is going to be his interpretor to engage the officials who will for sure have a big comedy show

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Vadivelu Yogaratnam Wednesday, 16 March 2022 05:03 AM

G.L.Peris got seven brilliant brains why don't government get technical support from him.

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Anura Nanayakkara Wednesday, 16 March 2022 05:29 AM

Dr. Ramesh Pathirana , you are one person in this govt. who talks sense . Thanks , for letting the public know what is happening properly . We need such politicians.

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