Opposition Leader Sajith Premadasa Raises Concerns Over IMF Delay Amid Government Corruption Claims

September 29, 2023

Opposition Leader, Sajith Premadasa, has voiced apprehensions regarding the International Monetary Fund (IMF)'s concerns over what he perceives as the government's highly corrupt policies. The remarks came as he expressed his views during a public event where he donated a bus worth 50 lakh rupees to Akkarepattu Sri Rama Krishnan Vidyalaya under the Sakwala program.

Premadasa's comments centered on the suspension of the second installment of the IMF's financial support to Sri Lanka. He asserted that the delay in the disbursement of these funds is a direct result of the government's failure to meet key targets, including revenue objectives.

Highlighting the gravity of the situation, the Opposition Leader lamented the country's fiscal challenges, describing it as being on the brink of bankruptcy. He pointed out that, despite this dire economic situation, government officials continue to embark on frequent foreign trips, further straining the nation's finances.

One noteworthy aspect of Premadasa's statement was his reference to the absence of a Finance Minister who is also the President, indicating a leadership gap that may be contributing to the economic woes facing the country.