President facilitates open dialogue on IMF proposals

In a proactive move towards transparency and collaboration, President Ranil Wickremesinghe convened a crucial party leader’s meeting at the Presidential Secretariat to deliberate on the IMF proposals.

The meeting saw the active participation of various stakeholders, including TNA Parliamentarian Mr. M. A. Sumanthiran, underscoring the government’s commitment to inclusive decision-making.

During the discussions, Secretary to the Treasury Mr. Mahinda Siriwardena provided insights into the ongoing negotiations with bilateral creditors, commercial creditors, and ISBs, with an optimistic outlook towards completing the process by the end of June this year.

Notably, Mr. Sumanthiran raised pertinent concerns regarding the lack of published technical assistance reports of the IMF which is an analysis as to why certain recommendations are made, which is a necessity for the publication of analytical data to inform parliamentary deliberations. President Wickremesinghe, acknowledging the importance of transparency, assured that the government would release the data to the TNA and Parliament, facilitating informed debate and decision-making.