Video: IMF should have pointed out economic flaws - Harsha

20 June 2012 08:19 am - 8 - {{hitsCtrl.values.hits}}

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UNP parliamentarian Harsha De Silva said he did not understand why the IMF did not point out flaws in Sri Lanka’s economic system as mentioned by the Standard & Poors (S&P) rating services.

“I don’t know why the IMF didn’t point this out in its report as clearly stated in the S&P report. Just like what the S&P has done by pointing out the flaws in Sri Lanka’s banking system, the IMF should have also done so,” Dr. De Silva said.

In its most recent ratings in the ‘Banking Industry Country Risk Assessment’, the S&P rated Sri Lanka as belonging to the ‘very high risk category”. (Hafeel Farisz & Nishan Casseem)

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Comments - 8

PTWJ Wednesday, 20 June 2012 08:39 AM

May be IMF considering it as an 'internal matter'.

John Wednesday, 20 June 2012 08:38 AM

Why should they when we borrow just to pay the interest - SL a Banking Utopia?

Ayam Wednesday, 20 June 2012 08:57 AM

If people know all will withdraw their money from banks

bandaragoda Wednesday, 20 June 2012 08:57 AM

they are looking at only miracle of asia.

Ravi Wednesday, 20 June 2012 09:07 AM

They do not care about SL economy, they only care if SL pay the capital and interest.
Why should worry about SL? It is SL has to take care of her economy.

KG Wednesday, 20 June 2012 10:12 AM

well IMF has mentioned that our banking system remains strong except for NPL (Non performing loans) & s&p total opposite.interesting... seems like IMF is also forgetting its ethics after negotiating with our country.

Kasun Wednesday, 20 June 2012 10:54 AM

USD selling rate today : 134.41
Just look at the central bank website. Each day it's going up by about 50cents

lion Wednesday, 20 June 2012 08:09 PM

'SriLankan economy will be fallen down in near future' he has been telling this since 2005

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Video: IMF should have pointed out economic flaws - Harsha

Comments - 8

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