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IMF’s second tranche will be received – State Minister

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Finance State Minister Shehan Semasinghe stated that the International Monetary Fund (IMF) and the Sri Lankan government are holding discussions to sustain the economy and there is no risk of not receiving the second installment of the International Monetary Fund loan.

The State Minister also says that various false statements are being made regarding the International Monetary Fund for the sake of political existence and to regain the credibility of some people.

The Minister said this yesterday (06) while speaking to the media after attending the opening of the exhibition ‘Sithru Prabha Paishti’ organized by the Cultural Federations of the Anuradhapura Municipal Council and the Regional Secretariats of the Eastern Nuwaragam Palatha Divisional Secretariat division.

“The annual conference organized by the World Bank and the International Monetary Fund in Morocco will hold an important discussion for the re-establishment of sustainability in countries like Sri Lanka that have faced economic recessions and challenges and have no debt sustainability. Bank interest and leasing facility interest rates have also been decreased. Paying more attention to the micro, small and medium-scale businessmen in Sri Lanka, a new program related to getting guarantees jointly with the Asian Development Bank is being implemented for them,” the Minister stated.

State Minister Semasinghe further stated that social media operators should be bound to protect the rights of the person who is being criticised and it is also important to introduce a system of rules for social media.

Anuradhapura Municipal Council Commissioner Ruwan Wijesinghe, East Nuwaragam Palatha Divisional Secretary Sampath Rohana Dharmadasa and others participated in this event.

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