CA Sri Lanka calls for unity; urges on plan to resolve economic crisis

• Says addressing economic crisis should be given priority along with addressing concerns raised by public
• Tells govt. to urgently appoint team to negotiate with IMF

CA Sri Lanka yesterday called upon political parties to unite and come up with a plan to resolve the current socio-economic crisis in Sri Lanka, and also urged the authorities to immediately appoint a team to negotiate with the International Monetary Fund (IMF) for a rescue package and debt restructuring.’

“As a responsible professional body, CA Sri Lanka is deeply concerned about the current situation, which has engulfed our entire nation. We urge the government, in consultation with all political parties, to formulate a plan, including engagement with the International Monetary Fund (IMF). This, in our opinion, must be the priority while we look at addressing the concerns raised by the public,” a CA Sri Lanka statement said.

“All political parties in this country should come to a consensus and urgently appoint a team to negotiate with the IMF, thereby ensuring that we do not delay this most crucial process.

Therefore, we call upon the government, the main Opposition party, and all other political parties to unite and to immediately provide a resolution to the current economic and financial crisis faced by the country in the best interest of the country,” it added.

The professional body also stressed that it respects the rights of the citizens to hold peaceful demonstrations and have their voices heard by the government. 

“We also urge the masses to remain non-violent during their protests, as violence will not achieve democratic ideals, nor will it promote economic growth.

 As a national body of professionals, we are ready to offer our services and support as required to assist the country in formulating the required plans and processes to mitigate the effects of the current economic and financial crisis,” the statement said.