The opposition claims the government ignoring requests in 2020 to restructure foreign debt, has led to the current economic crisis.
Speaking during a media briefing today, Parliamentarian Dr. Harsha de Silva said he previously requested the government to extend foreign loans repayments to 36 months.
MP de Silva said he warned of the catastrophic consequences of failing to restructure foreign debt in November 2021 adding however Governor of the Central Bank of Sri Lanka Ajith Nivard Cabraal claimed there was no reason to be alarmed or to seek assistance of the International Monetary Fund and that they are capable of repaying loans in a timely manner.
The Parliamentarian questioned the present administration’s plan on overcoming the economic crisis.
The MP urged the government to heed proposals tabled by the opposition, claiming they are a people friendly opposition.
He charged that all proposals and letters tabled by the opposition are being disregarded while Minister of Finance Basil Rajapaksa does not attend Parliament sittings and fails to respond to questions posed to him.
MP de Silva urged the government to refrain from burdening the public further.
He also claimed that the board meeting between Sri Lanka and the International Monetary Fund was held while the report is yet to be tabled in Parliament, despite numerous requests.
The Parliamentarian said they are aware of the developments of the meeting between the IMF officials and the Lankan delegation, adding that there was a major disparity in the content tabled on Sri Lanka.
MP de Silva said fairy tales presented by Sri Lanka won’t be believed by anyone in the world.