IMF ready to discuss options for Sri Lanka if requested

[Hasitha22]

The IMF has not received a request for financial support from Sri Lanka, Masahiro Nozaki, the mission chief for Sri Lanka, said in an email.

“We stand ready to discuss options if requested. We continue to closely monitor economic and policy developments in Sri Lanka.” (Bloomberg)

 

[hodakolla]

BUMPER

 

[Roxxy2K]

රටේ කෑල්ලක් දීපන් කියාවි.

 

[Bigspin]

රටේ කෑල්ලක් දීපන් කියාවි.

China neme ban mun.

 

[Mr Robot]

IMF ekata giyoth rata ta hodai , horakam ahema karanna hambenne naha

 

[Bigspin]

Reason MR and Co not asking IMF support is then they have to follow strict conditions. MR can't use money as they like and spend on bogus projects with no return.

They also stricly monitoring welfare projects and will not allow government to give subsidies to fuel/electricity/water. Also will force them to sell non profitable and inefficient government owned businesses like postal service, train and srilankan. Which will destroy their electoral foundations.

 

[fdk]

Me rajapassa la set eka kawadawath IMF ekata yanne naha, mokada unta eken commis labenna naha, ideally we should go for debt factoring with IMF,

But as usual we will go back to china

 

[jay-shan]

Reason MR and Co not asking IMF support is then theybhave to follow strict conditions. MR can't use money as they like and spend on bogus projects with no return.

They also stricly monitoring welfare projects and will not allow government to give subsidies to fuel/electricity/water. Also will force them to sell non profitable and inefficient government owned businesses like postal service, train and srilankan. Which will destroy their electoral foundations.

Exactly

 

[Bigspin]

If government really want to fix the economy they need to reform whole government institutions.

Sell: Privatise all government owned businesses or go for partnerships.

Reduce the inefficient government workforce and cut additional payments such as OT.

Simplify the income tax system and significantly reduce the tax free threshold and increase the VAT. Simplify import duty system (way too many taxes) and clearing process.

Sell all government owned buildings that's not generate income such as conference/drama halls.

Stop most of the subsidies or give them at cost price

Reduce the saving interest and force people to spend or invest.

Reform stock market and properly regulate it to prevent insider trading.

Stop money laundering by forcing all large transactions to go through banks. (Eg: land sales/ vehicle sales)

 

[හෙළයෙක්]

IMF යනව නන් හොදයි උන් මොනිටර් කරනවනෙ සල්ලි වලට මොකද වෙන්නෙ කියන එක.

 

[olu bakka]

IMF යන එකක් නෑ මුන්. IMF ගියාම උන් සල්ලි දීලා එක එක නීති දානවා economy එක ගොඩගන්න. ඒවයෙන් අරුන්ගෙ කුට්ටිය නැති වෙන්නෙ.

 

[Ace Viper]

රටේ කෑල්ලක් දීපන් කියාවි.

රටේ කැලි ඉල්ලන් නෑ යකෝ IMF එකේ ... තොපි වගේ එල හරක් ඉන්න හින්ද තමා මුන් දිනන්න්නේ තාම ...

 

[U-tag]

පපුවට දෙපාරක් ගහල කියයි අපි බටහිර ගති IMF එකට යන්නේ නැ අපේ හාමුදුරුවනේ කියල.

 

[Mr Robot]

UNP eka hitiyanam IMF ekata yanna godak ida thibuna

 

[Thilinacba]

රටේ කෑල්ලක් දීපන් කියාවි.

 

[Bigspin]

UNP eka hitiyanam IMF ekata yanna godak ida thibuna

Yes most likely.