Engagement with IMF

President continued what I started: Sabry

18 April 2023 07:21 pm - 6 - {{hitsCtrl.values.hits}}

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Whilst highlighting that the engagement with IMF to revive the county’s battered economy is slated to be a highlight successful endeavor, Minister of Foreign Affairs Ali Sabry said the incumbent President Ranil Wickremesinghe had continued the engagement which he began.

“I was the Minister of Finance during the time during which the county was going through its hardest period and it was I who started engaging with the IMF. President Wickremesinghe continued this exercise. We are sure that our engagement with IMF would be a resounding success,” the Minister said during the launch of the Blockchain Centre in Colombo on Monday.

“We are on the right path towards success where the economy is concerned. Our economy is back on its feet. We have faced lots of challenges in the past with a long civil war, COVID-19 Pandemic and the economic downturn. The government managed to rehabilitate 12,917 ex-combatants in the North. These youth are being taken care by the government. Government is currently paying a dole to them. We need world support to secure a brighter future for them,” the Minister added.

“We also want international assistance to develop the North and East which has been neglected for a long time. We also want to integrate more with India. Accordingly we are looking for increasing flights to India. We will also begin ferry services between India and Sri Lanka shortly. Sri Lanka actually does not want to tie up in one regional block. We want to engage in Business with China, the West and the Middle Eastern nations,” he also said.

State Minister of Tourism Diana Gamage said Blockchain Centre is what the youth who called for a system change wanted. “ Blockchain will help Sri Lanka to embrace digital economy. Sri Lanka cannot afford to go back to a position which it enjoyed before the economic crisis. We want to see that Sri Lanka enjoys a better position and engaged with the entire globe,” she said.

Blockchain Centre in Sri Lanka is committed to build a digital economy in Sri Lanka according to its Director Sakthi Rajaguru. He said a sum of USD 100 million has been invested for the Centre in Colombo. Some 5,000 university students and lecturers will be trained in the center on latest information technology. (Yohan Perera)

Comments - 6

saman Tuesday, 18 April 2023 10:09 PM

what did you start for the past 12 months?

Lokka Wednesday, 19 April 2023 02:24 AM

Minister Ali Sabri, we acknowledge that you are one who can undertake any difficult task and achieve success.There are yet a few things that you can do, and have to do, and Sri Lankans will remember you with gratitude.1. Please do whatever possible to eliminate corruption and bring corrupt politicians to book. 2. Give whatever possible help to Northern farmers to improve their living standard. 3. Specially as the Foreign Minister, at least now prepare a proper strategy to counter the disinformation and the kids they spread in the Western nations against Sri Lanka. The falsehood they spread has been accepted as the gospel truth by gullible Western nations. The adoption of the Genocide of Tamils claim by Canada is a case in point. The Foreign ministry under other minister's had slept over the problem too long. Please set up a separate dedicated unit in your ministry to counter the disinformation spread by the Tamil diaspora.

Robin Banks Wednesday, 19 April 2023 06:09 AM

Do you mean the president is continuing on the road to ruin you started? FYI, the president does not need any guidance to achieve this objective. He is a natural.

Spartacus Wednesday, 19 April 2023 06:28 AM

Utter bull talk. The only institution in the world available to rescue our total bankruptcy is IMF and IMF only. So even if there was a donkey in your seat, that donkey would have spoken to IMF, absolutely no other choice. All those debtors and countries would have insisted we go to IMF, so don't try to score blind points. The main issue is, you are part of the regime that bankrupt this nation which you want to camouflage.

Shiran Wednesday, 19 April 2023 01:26 PM

If everything is so good, why are the Fitch ratings so negative? Doing Business Index also negative, no FDIs. First fix the Corruption .

Bernard Jayatilake Wednesday, 19 April 2023 08:41 PM

If the IMF loan is the saviour and the only qualification to contest at the next presidential election as claimed by the present ruler, then you can challenge him and come forward as a serious candidate merely to win over the disgruntled former Pohottuwa supporters back to your side as they can be easily fooled by your gimmicks.

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Engagement with IMF

President continued what I started: Sabry

Comments - 6

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