Parliamentarian Dr. Harsha de Silva has questioned President Gotabaya Rajapaksa as to why the government delayed seeking support of the International Monetary Fund, had a crisis been foreseen.
President Rajapaksa in his address to the nation yesterday said discussions with the IMF were held in order to seek a way to pay off Sri Lanka’s annual loan instalments, sovereign bonds, and others.
The President said subsequent to the discussions with the IMF, he decided to work with them after examining the advantages and disadvantages.
MP de Silva taking to his personal Facebook account said if IMF support was a positive move, the institutions support should have been sought earlier in order to mitigate the present difficulties.
Amidst such a crisis, MP de Silva questioned why large tax concessions amounting to Rs.600 billion were granted in order to gain political popularity.
Harsha de Silva questioned the delay in issuing directives to control the rupee artificially and the country in turn losing USD 4 billion in revenue, if the crisis was foreseen.
The Parliamentarian stated the public cannot source fuel, let alone using fuel sparingly.
MP de Silva added the poor economic management of the government led to the current issues.