Prime Minister Ranil Wickremesinghe says three high-ranking Indian government officials are scheduled to arrive in Sri Lanka tomorrow (23) to discuss the provision of aid from India.
Issuing a special statement on the prevailing economic situation in Parliament today, Prime Minister Wickremesinghe said the Ceylon Petroleum Corporation owes USD 700 million adding therefore no firm in the world is in favour of providing fuel even at cash at hand.
The Premier said USD 4 billion has been obtained from India under credit facilities adding further credit has also been requested from the Indian government.
The Prime Minister said however India cannot keep on providing credit to Sri Lanka.
Premier Wickremesinghe said a procedure to repay all loan must be in place.
Prime Minister Wickremesinghe said India has provided the country with the highest possible credit adding they too cannot sustain due to prevailing situation within their banking system.
The Premier said the only secure way forward is to engage in discussions with the International Monetary Fund since no other nation would provide Sri Lanka with credit without the IMF certification.
The Prime Minister called on all MPs to table any alternate proposals if available.
Joining the debate, Parliamentarian Wimal Weerawansa claimed he and a group of MPs met with the Ambassador of the Russian Federation in Sri Lanka and to the Maldives yesterday to discuss the situation which arose due to the Russian aircraft.
MP Weerawansa said the Ambassador informed that President must engage in a telephone conversation with his Russian counterpart to present his view and request assistance.
The Parliamentarian said a strong group of delegates must also be sent to Moscow to engage in further discussions to successfully obtain the necessary assistance.
He said the Russian Ambassador had stated that the government is yet direct a written notification outlying its proposal or request to the Russian government.
The MP said that it was revealed that Russia was ready to provide credit facilities under humanitarian grounds since there are no provisions to provide loans to a bankrupt nation according to existing Russian laws.
MP Weerawansa said the Ambassador noted that friends are identified by actions and not words.