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IMF support not ideal right now – Minister Vasudeva Nanayakkara

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It is not ideal to seek the International Monetary Fund’s support to solve the financial crisis Sri Lanka is going through right now, Minister Vasudeva Nanayakkara told Parliament yesterday (16).

Minister Nanayakkara was responding to former Prime Minister UNP MP Ranil Wickremesinghe who proposed to the government to seek the support of the IMF to resolve the financial crisis the country is going through.

Minister Nanayakkara noted that even if the government loses its power, it shall not seek IMF support.

He noted that the government shall not let people suffer from the many conditions that the IMF may put forward along with financial assistance.

Nanayakkara said that going to the IMF could be a last resort, however, it will not sit well with the people. “It would be like going to prison. When you go to the prison, you will be fed the least. But when you go to them, they will eat us.” Nanayakkara pointed out.

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