Offer solutions if opposed to the IMF agreement – President

President Ranil Wickramasinghe says that it is not possible to rescue Sri Lanka from the economic crisis it is facing without reaching an agreement with the International Monetary Fund.

President Ranil Wickramasinghe said this while attending a ceremony held today at the Bandaranaike Memorial International Conference Hall premises.

The President says that if any parliamentary representative opposes it, solutions should be presented.

Meanwhile, President Ranil Wickramasinghe chaired the launch of the research report on economic reforms prepared by the Advocate Institute.

President Ranil Wickramasinghe who spoke there

“I don’t think we have any other solution to get out of this situation other than reaching a staff-level agreement with the International Monetary Fund. Whether we like it or not, we have to reach an agreement with the International Monetary Fund. It is up to you to decide whether it is good or bad. We must first come to a consensus at the staff level. But everyone in the parliament should pay attention to this. If any member of parliament and party does not agree with it, we have the right to question what is your solution. Or what is your alternative solution. All parties must agree to this. The main problem we have to face in our negotiations with the International Monetary Fund is that policies change when governments change. We have to think if we are ready for it. If it is rejected by the parliament, they will have to face the consequences. This is the way we can recover the economy. But it can definitely be difficult in the near future. I don’t deny it. The first 6 months are very difficult. It’s a time we’ve never experienced, but we must get through it. We cannot go back. The results of old economic policies are what we are enjoying today. So it makes no sense for us to go back to that system. Let’s think anew

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