Saturday, April 27, 2024
spot_img

Latest Posts

Going to the IMF could result in job cuts in the Public Sector: Akila Ellawala

Sri Lanka Podujana Peramuna (SLPP) Ratnapura District MP Akila Ellawala said he is deeply saddened as a Ruling Party MP by the recent fuel price hike.

The MP, nevertheless, commented that there is no other option but to increase the price of fuel.

Despite the Opposition’s criticism that the fuel price has been soared to an unbearable level, Sri Lanka still has the lowest fuel prices in South Asia, he added.

He added that many who suggest the submission to the International Monetary Fund (IMF) to recover from the economic crisis are not saying anything about the conditions that may befall the country upon such an action. The submission to the IMF will entitle Sri Lanka to certain conditions such as the dismissal of public servants and the government will not take any action to obtain loans by agreeing to such conditions weakening the public service, he noted.

The Ruling Party MP pointed out that the government refuses to seek the IMF’s support to protect the public servants.

MIAP

Latest Posts

spot_img

Don't Miss

Stay in touch

To be updated with all the latest news, offers and special announcements.