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IMF programme has yielded positive results for country – State Minister

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Finance State Minister Shehan Semasinghe stated that the programme implemented by President Ranil Wickremesinghe and the government, in collaboration with the International Monetary Fund (IMF) and other foreign partners, has yielded positive results for the country, creating a stable economic environment and a livable setting for the people. The State Minister made these remarks during a special media briefing held in Anuradhapura yesterday (5).

He further elaborated on the matter:”Those who express opposition to the IMF programme and debt restructuring are acting to fulfill their political agendas. The IMF programme is highly transparent, and the main objective of the government was to strengthen the economy of the country and its people through the restructuring of domestic debt, leading to the restructuring of foreign debt,” the State Minister said.

Semasinghe added that the groups criticising the IMF programme do not have the moral right to comment on the current economic growth. He pointed out that the time is not far when Dr. Harsha de Silva, representing the opposition, will face challenges regarding the practicality of his economic views through his comments on the IMF programme.

“The responsibility of the government is to expand and grow the economy, not to contract it,” Semasinghe emphasized during the briefing.

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