Tuesday, May 28, 2024

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Government too late. IMF already closed doors: Dr. Harsha De Silva

The people of the country are currently under severe pressure due to the power crisis triggered by the absence of fuel, said Samagi Jana Balawegaya (SJB) MP Dr. Harsha De Silva.

Speaking to a briefing held in the Opposition Leader’s Office today (21), the SJB MP noted that the fuel crisis has also affected the stability of the country’s banking system leading to another crisis in the banking sector.

Disregarding requests from many parties to channel the International Monetary Fund (IMF) to solve the problem, the government went on putting alternate patches, the SJB MP alleged.

Dr. Silva went on saying that this huge crisis cannot be solved by the mere arrival of a small group of tourists or other temporary solutions and that the only solution is to identify the problem correctly and reach out to the IMF. The country has lost that opportunity as well, due to the arbitrary actions of the government, he alleged.

The IMF is not imposing any rules or conditions on any country, the SJB went on, revealing that the period for obtaining relief from the IMF, nevertheless, has also expired. Accordingly, the IMF has closed its doors, Silva added.

Calling the IMF a scapegoat the government has lost a valuable opportunity to resolve the crisis, the economist further claimed.


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