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ElaKiri Talk!
IMF-Sri Lanka bailout talks end without a deal
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<blockquote data-quote="NiyamaSinhalaya" data-source="post: 27894379" data-attributes="member: 113555"><p>We should not look at IMF. They will request the govt to kill the consumers with unbearable TAX reforms. </p><p>Because to pay the loan govt still need to find the funds. So govt have no choice but to follow orders given by IMF. </p><p>This is the reason IMF says that it will take time to do debt controls/sustainability etc.</p><p></p><p>The best thing we have to do is end the corruption/ increase exports/ decrease imports. </p><p>The black money market has to be cleared off. So the CBSL has to void the 5000 notes and issue new ones asap. </p><p>Undials/Hawala's has to stop in some way and make sure the exports will not use any foreign accounts.</p></blockquote><p></p>
[QUOTE="NiyamaSinhalaya, post: 27894379, member: 113555"] We should not look at IMF. They will request the govt to kill the consumers with unbearable TAX reforms. Because to pay the loan govt still need to find the funds. So govt have no choice but to follow orders given by IMF. This is the reason IMF says that it will take time to do debt controls/sustainability etc. The best thing we have to do is end the corruption/ increase exports/ decrease imports. The black money market has to be cleared off. So the CBSL has to void the 5000 notes and issue new ones asap. Undials/Hawala's has to stop in some way and make sure the exports will not use any foreign accounts. [/QUOTE]
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