Sri Lanka is a prisoner of the IMF- Bandula

January 14, 2019

United People’s Freedom Alliance MP Bandula Gunewardene says Sri Lanka is at present a slave of the International Monetary Fund.

Speaking during a media briefing MP Gunawardene said in 2016 an agreement was signed with the International Monetary Fund to obtain of $1.5 billion during a period three years in six disbursements.

The Parliamentarian noted as a prisoner of the IMF, the government was instructed that a fuel pricing formula, gas pricing formula and pricing formula for water tariffs should be in place.

MP Gunawardene meanwhile said the public will be able to determine what kind of agreements have been reached following the meeting in Washington.