Government expected to sign new staff level agreement with IMF by Friday

21 November 2024 12:02 pm Views - {{hitsCtrl.values.hits}} 6 Bookmark

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By Yohan Perera and Ajith Siriwardana

The Government expects to sign a new staff level agreement with the IMF by Friday, President Anura Kumara Dissanayake told Parliament today.

He said sperate agreemts will be signed with each of the official creditors.

Comments - 6

Suhada malli Thursday, 21 November 2024 12:29 PM

Yes its good to sign the staff level agreement now because once the 4th installment of the current loan is given by mid next year once again we as a nation will require a IMF loan by early 2027. So better start now.

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Man Friday, 22 November 2024 07:41 AM

They yelled that they will change the IMF loan conditions. So, that Ranil advanced debt repayment process which was to be started from 2028, not to be changed though the IMF wanted to start from 2033 including that disastrous debt restructuring process of him. Talks only. No Action. Come on, get advice from the opposition and include them in the delegation to do the required changes to release the burden on the public if he is sensitive though ignorant.

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Cheers Thursday, 21 November 2024 02:22 PM

IMF do not give a single loan to this government as the president and the golays are very corrupt and they protested against loans when in opposition

20 10

Rathnavali Thursday, 21 November 2024 03:34 PM

Mr. President, we thank you for finally realizing that opposing the IMF restructuring program, is futile. This is what your predecessor so painstakingly discussed and achieved for the country. You may have perhaps known during your canvassing days that all that you said about renegotiating the IMF deal is just "words" only. You knew that majority of Sri Lankans can get caught for "beautiful words". All right Mr. President, now the wheel is in your hands. How you drive the vehicle will be your destiny as well as ours. Sticking to IMF benchmarks will make it difficult to meet the promises given to the people but that is the only way out of a financially strapped country like ours.

5 17

Sam Silva Thursday, 21 November 2024 07:26 PM

Why waste time with imf just to get a loan of $3 billion in installments when you are going recover billions and billions of dollars in stolen money.

1 9

Dee Friday, 22 November 2024 08:05 AM

Thank you RW!

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