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Comments - Cartoon of the Day 03-02-2025
P Kunchithapathan Monday, 03 February 2025 01:41 AM
Seeking assistance from the International Monetary Fund (IMF) has proven to be a longstanding affliction for Sri Lanka. Since 1950, the nation has turned to the IMF no fewer than seventeen times, each instance a testament to economic mismanagement rather than a solution. Tragically, no government foresaw or adequately addressed the looming economic catastrophe. Successive administrations prioritized political survival—often by any means necessary—over fostering genuine economic growth through enhanced exports and increased local productivity. Rampant corruption and systemic abuse, masked under the guise of patriotism, have been the primary culprits behind this persistent economic decline.
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