VIDEO: CBSL putting a falsely positive spin on IMF refusal - Tissa

VIDEO: CBSL putting a falsely positive spin on IMF refusal - Tissa

February 12, 2013   01:08 pm

The UNP rejected the statement made by the Central Bank that Sri Lanka will not pursue an IMF programme considering its external reserves stating that it is rather the IMF that has rejected granting Sri Lanka any loans.

 

UNP General Secretary MP Tissa Attanayake stated that the government had taken loans from the IMF, China and other private banks which had put the country in severe debt.

 

He added that given Sri Lanka’s situation and the fact that the IMF will not be granting loans to the country, the government is attempting to make excuses and put a positive spin on the situation.

 

MP Attanayake stated that the Central Bank is trying to suggest that the country will not take any more loans from the IMF.

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