President challenges Sajith & AKD for discussion with IMF

August 25, 2024 at 8:38 PM

President Ranil Wickremesinghe challenged Sajith Premadasa and Anura Kumara Dissanayake to participate in an open virtual discussion with the International Monetary Fund (IMF).

The President highlighted that altering the agreement with the IMF is not feasible.

He emphasized that such changes could lead to another economic collapse, with Premadasa and Dissanayake’s misleading promises of reduced prices and taxes potentially worsening the country’s situation. He stressed the need to prevent such deceptions.

President Ranil Wickremesinghe noted that while he wishes to reduce the prices of goods and lower taxes, such actions can only be achieved by strengthening the rupee and adhering to the agreements with the IMF.

He also urged Sajith Premadasa and Anura Kumara Dissanayake to immediately present any alternative solutions and seek their opinion during the discussion with the IMF.

The President made these remarks during the Special Convention of the United National Party (UNP), held today (25) at the Party Headquarters ‘Sirikotha’, Pitakotte.

“I urge the SJB and JVP to clarify how they plan to fund the country if taxes are reduced. How will cutting state revenues address the country’s economic issues? We must avoid jeopardizing the country with false promises. We plan to hold a discussion with the IMF using electronic technology, involving all three parties. We will record this discussion and present it to the public to ensure transparency regarding the IMF’s stance and our economic strategy” President said.

“If you believe that this agreement with the IMF can be altered, then directly address the IMF and request such a change. Additionally, explain how you plan to generate the necessary income if the goals are not met. We need clear answers to these questions. If you have a viable plan, present it to the public transparently. We propose that representatives from all three parties come together to negotiate with the IMF and share the outcomes of those discussions with the nation. This will allow the public to discern the truth and any falsehoods. Afterward, if anyone is dissatisfied, they can express their concerns clearly.” (NewsWire)