Siyambalapitiya confident in SL unlocking second IMF tranche

15 September 2023 02:00 am Views - {{hitsCtrl.values.hits}} 6 Bookmark

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Acting Finance Minister Ranjith Siyambalapitiya yesterday expressed confidence in Sri Lanka›s first External Fund Facility (EFF) review with the International Monetary Fund (IMF) being a success, which will give access to the second tranche of the bailout, which amounts to US$ 330 million.

The IMF review team arrived in the island yesterday, and the day before to carry out the first formal assessment. P r e s i d e n t Ra n i l Wickremesinghe, who left for Cuba yesterday to attend the G77+China Leaders’ Summit in Havana, and the United Nations General Assembly in New York, will hold discussions with the IMF team in the final rounds.

Comments - 6

Ruwan Munaweera - Katunayake FTZ worker/unionist Friday, 15 September 2023 10:21 AM

Mr. Siyambalapitiya, you do anything but if you touch the EPF and ETF from the poor man's earning we know how to handle you and Ranil. Not a joke...

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M.K. Mendis [Former Finance Ministry - Accountant] Friday, 15 September 2023 10:23 AM

You are a bluffer Mr. Minister. You say something and do something. Hay man, be steady don't be like a dead vegetable if you cannot handle Finance Ministry get out and get lost.

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K. Ramalingam ( CWC Member. Hatton) Friday, 15 September 2023 10:28 AM

When you were under MR also you were like a baby lifting your hand whatever MR says, now too you are doing the same thing with RW. Never touch EPF if you touch, we will touch you and your boss RW.

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Prof. Reggie Ratnaweera on behalf of the poor worker Friday, 15 September 2023 10:31 AM

Ranjith IMF is not at all bothered about EPF or ETF? Only Ranil and you are trying to squeeze the neck of the poor. Mind it - it will be a curse if this is implemented.

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Cherath Friday, 15 September 2023 03:08 PM

What's all the excitement Siyambalapitiya when even this $330million is NOT A GIFT and need to be paid back, like all the loans we have taken, which we declared on 12th April, 2022, that we cannot pay back?

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Piyadasa Bathgama Friday, 15 September 2023 04:44 PM

IMF should look at how these people are wasting funds - no other countries (US, UK, Canada, etc) will not give such benefits to politicians! SL gives much more than others - then IMF funding for politicians - not for people of SL!

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