UNP Leader Ranil Wickremesinghe has said that the best guarantee that a bankrupt country can get in order to rebuild is from the International Monetary Fund (IMF). The UNP leader said this at a discussion held with UNP seniors on Zoom technology on Thursday.
Wickremesinghe said that the International Monetary Fund’s commitment to a country would enable it to seek the support of the rest of the world and the United Nations and urged the government to seek its assistance in resurrecting the country from its current bankrupt state.
He also said that if the IMF report on Sri Lanka is published, it will be possible to identify future steps to be taken and ways in which other political parties can support the government.
In the event Sri Lanka is branded as a bankrupt country, the benefits of going to the International Monetary Fund thereafter would be minimal, he said.
Wickremesinghe said that the economy was collapsing day by day and that the country was in a negative economy in 2002 but today the country is in a bankrupt state, adding that while it is possible to resurrect the country when it’s in a negative economic state but it’s a whole new issue when the country is bankrupt.
He pointed out that although the Central Bank had kept the dollar at 204 rupees, it was still 260 rupees in the market and could increase to 275 in the future, and warned that the Dollar could reach 300 rupees by the end of this year.