Former Prime Minister Ranil Wickremesinghe accuses the incumbent government of plunging the country into a deep economic and political crisis with its incompetence in dealing with the financial challenges while also stating that the utter failure has led to a situation where the people are standing in long queues.
Speaking to Indian Network ANI, Former Prime Minister Wickremesinghe said when he was running the country in 2019 the economy was in a healthy status with a capital surplus but the incompetency of the current government has brought the people on the streets.
The former Premier said, “The dire economic situation has led to the political crisis, and what is happening is a disaster to the country. For two years, this government ignored all the signs of the looming economic issues.”
On the issue of not going to the International Monetary Fund for relief in connection with the ongoing economic crisis, former Prime Minister Wickremesinghe slammed the incumbent government for not making timely interventions.
The former Premier said that it will take a long time for any meaningful relief to come even if the government approaches the IMF.
On a separate note, Former Prime Minister Ranil Wickremesinghe said the line of credit for fuel extended by India will last only till the second week of May, adding that Sri Lanka will be in serious trouble afterwards.
The former Premier stressed the importance of seeking alternatives while obtaining support from the IMF.
Meanwhile, the government is all set to meet the IMF later this month in Washington DC, with the Finance Minister and Central Bank Governor being part of the delegation.