Colombo: In the midst of the current economic crisis in Sri Lanka Sri Lanka The government should not encourage new Chinese investments, Sri Lanka India Former Prime Minister Ranil Wickremesinghe has said that he has helped as much as he can.
In an interview with the Indian media on the situation in Sri Lanka, he said, “The ruling party is the whole cause of the crisis in Sri Lanka. It did not happen when we were in power. People did not wait in long queues in the streets, but all this happened due to the incompetence of the Gotabhaya Rajapaksa government. There was money in the state treasury to pay but today people are standing in the streets.
This economic crisis in Sri Lanka has also led to a political crisis. The country’s economic situation has been in recession for the past two years. But this government does not see it at all. Even now this government has not approached the International Monetary Fund for relief. It may take a long time for the government to get a lasting benefit from the IMF, even if it approaches the government. The government is now planning to borrow from leading private exporters.
Do not invest in China: India has also helped Sri Lanka as far as it can. India The fuel supplied is also expected to be on hand until the 2nd week of May. After that I could not think of the situation in Sri Lanka. Sri Lanka Only then is it going to face even worse challenges. The fuel loan amount has been extended several times India It has also offered to provide further non-financial assistance.
The Central Bank of Sri Lanka advised the government to immediately seek the assistance of the International Monetary Fund for two years, 2020 and 2021. But the government did not t-shirt it at all. In this case, Sri Lanka The government should not encourage new Chinese investments. “
Meanwhile, it has been reported that President Gotabhaya Rajapaksa and the Finance Minister will seek the help of the IMF (International Monetary Fund) in one more week.