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No one should oppose IMF conditions beneficial to country – SJB MP

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SJB MP Dr. Harsha de Silva said that certain conditions have been set by the International Monetary Fund (IMF) to create financial discipline in this country. He is of the view that no one should oppose this move since it is beneficial to the country.  He was speaking at a  program held at Ja-Ela on the future of the country’s economy organized by Shirantha Amarasekara, the electoral organizer of Ja-Ela of Samagi Jana Balawegaya (SJB).

“The IMF has not provided any capital to entrepreneurs, individuals or any organization in our country. When the IMF was established, its aim was to throw a tube so that countries with balance of payments problems would not sink.

In order to find capital that the country needs, the World Bank, Asian Development Bank, Foreign Direct Investment or local investments are needed. When the IMF gives money to a country, the government is liable to maintain the financial discipline, strengthen the administration and carry on transparently.

He was of the view that information about all the individuals and institutions that tax concessions are given in this country must be transparent.It should be posted on the website of the Finance Ministry so that the people of the country can see it.

The website of the Finance Ministry must provide the details of who have got the car permit, their value, the name and residence details,”he said.

 

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