Mon, 13 May 2024 Today's Paper

SL has to wait till year end to obtain loan from IMF: Harsha

13 June 2022 04:13 pm - 27     - {{hitsCtrl.values.hits}}

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MP Dr. Harsha De Silva said that Sri Lanka will have to wait until the end of this year to obtain a loan from International Monetary Fund (IMF).

Even though staff level meetings are underway it’s monetary board has to approve the loan.

"When I had a discussion with the Japanese Ambassador he said that they have lost their trust in Sri Lanka. They said that they could consider giving a short term loan if there’s an all-party government or else both the Opposition and the government should sign the loan agreement," he said.

"I then met former Maldivian President Nasheed and he said that Sri Lanka has given him a contract to bring in some dollars. He had spoken to Mohammed Bin Salman, the crown prince of Saudi Arabia. But he has said that Sri Lanka doesn’t even have a plan to obtain financial assistance. He has then spoken to the ruler of United Arab Emirates who has requested Nasheed to send a list of things that Sri Lanka is willing to sell and that he would consider providing financial assistance.This shows that Sri Lanka doesn’t even have a representative to talk to MBS," he added.

 


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  Comments - 27

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  • TJ Monday, 13 June 2022 06:10 PM

    Unless a stable government is established, it is very doubtful that the IMF will grant any financial assistance even at the end of next year

    TONI Monday, 13 June 2022 06:16 PM

    SRI LANKA IS NOT CREDIT WORTHY. ALL THE FINANCES ROBBED BY THE RAJAPAKSAS. THEY WILL HAVE TO PAY DEARLY FOR THIS SIN

    ANTON Monday, 13 June 2022 06:44 PM

    WE ARE IN GAS , FUEL QUEUES , YOU ARE IN THE IMF QUEUE.

    Rafeekulla Monday, 13 June 2022 07:15 PM

    Sri Lanka doesn’t even have a representative to talk to MBS," he added. This the main cause of passing the ballothers

    Ahamed Sabry Monday, 13 June 2022 07:26 PM

    Stop the talking only and get to REAL work

    Fathima Lai Monday, 13 June 2022 08:05 PM

    It's time to use Rishard and Akeem.

    Fathima Lai Monday, 13 June 2022 08:12 PM

    Recently one minister told the media that Saudi Arabia's energy minister was his classmate. Can we use him?

    City Tuesday, 14 June 2022 06:02 AM

    Well the way the Muslims were treated in SL, which Islamic nation will help us.still Bangladesh did but the rest. Also SP is holding Rishard and Hakeem for him benefit not the country.

    Dolly Dias Monday, 13 June 2022 08:52 PM

    How can Sri Lanka have a plan?. When stupid people like you all "ONLY TALK" as mentioned by Mohammed Bin Salman. Kindly leave politics and stop destroying this country even more.

    O R Shut Up Monday, 13 June 2022 10:46 PM

    Dr Lecture Silva. Stop lecturing about economics and gettogether to dokve the problems faced by the people.

    Punchi Monday, 13 June 2022 11:01 PM

    20% of the budget goes towards the armed forces and implementing the militarisation of the minority areas. Only India will give us money to fund this. But with the collapsing Indian rupee how long can they keep doing this

    Nuto Monday, 13 June 2022 11:18 PM

    Lenders response to HARSHA DE SILVA is accurate, as they know this person Harsha De Silva has lack of knowledge on the subject and he is not a suitable person to talk to higher officers. Harsha De Silva is a third rated person which many countries know well.

    Aiyo Bario Monday, 13 June 2022 11:25 PM

    Dr Harshirker de Shirker, a predictor of doom and gloom

    Mandayan Tuesday, 14 June 2022 12:15 AM

    Until the Rajapakses are at the driving seats, no help from the west, simple as that!

    Bolywood Comedys Tuesday, 14 June 2022 01:34 AM

    A big talker . Has not much potential and brains to do a Dr Manmohan Singh styke rescue.

    Aragalaya Tuesday, 14 June 2022 02:01 AM

    BE MORE ASSERTIVE HARSHA. THRE IS NO HOPE WHATSOEVER IF YOU DO NOT DEMAND THE RESIGNATION OF GOTABAYA AND RANIL IMMEDIATELY

    Hubert Congreve Tuesday, 14 June 2022 03:58 AM

    You are 100% correct Harsha, its not easy as Ranil thinks.

    Prof. S. Sivarajah Tuesday, 14 June 2022 04:00 AM

    Why not you take the vital role of a Finance Minister and run the show Mr. Harsha.

    Aragalaya Tuesday, 14 June 2022 04:04 AM

    "SL has to wait till year end to obtain loan from IMF" ONLY AND WHEN GOTABAYA AND RANIL LEAVE THE SCENE THE FUNDS WILL START TO FLOW AND STEADY THE SHIP. NO OTHER ALTERNATIVE.

    SL Tuesday, 14 June 2022 04:10 AM

    Sri Lanka has become a joke in the world. You all keep protecting the thieves, SL will go down in the drains.

    Aragalaya Tuesday, 14 June 2022 04:29 AM

    NO STABILITY NO LOANS NO FUNDS NO HOPE. ONLY AND ONLY WHEN GOTABYA AND RANIL RESIGN STABILITY WILL BE RESTORED AND CONFIDENCE AMONG INVESTORS WILL BE ESTABLISHED. THIS IS A FACT.

    Mano Manoharan Tuesday, 14 June 2022 05:17 AM

    Why the hell can't you obtain a loan before year-end from Mahinda, Roshita, Narmal, Gotha, and Basil, You can give the Parliament 99 year lease.

    Lanka Shantha Tuesday, 14 June 2022 06:02 AM

    Anybody can preach. We told that the country need you urgently. But you keep on preaching and watching the suffering of people. God will Punish you.

    Ranil Tuesday, 14 June 2022 03:59 PM

    If SL get the IMF Loan earlier than the end of the year, will Harsha resign from Parliament ?

    Can kay Tuesday, 14 June 2022 04:18 PM

    The protesters should go for Fast unto Death...to make it very effective....not setting up library and music class!

    Cam kay Tuesday, 14 June 2022 04:38 PM

    He does only what he knows....the theory!

    Karalasingam Sivalingam Tuesday, 14 June 2022 04:47 PM

    Revive MCC agreement pending IMF intervention.


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