IMF still open to SL

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IMF’s Senior Mission Chief to Sri Lanka Peter Breuer as well as its Mission Chief to the country Masahiro Nozaki, in response to Saturday’s developments in the island, said, “We are closely monitoring the ongoing developments in Sri Lanka. We hope for a resolution of the current situation that will allow for resumption of our dialogue on an IMF-supported programme, while we plan to continue technical discussions with our counterparts in the Ministry of Finance and Central Bank of Sri Lanka.

We are deeply concerned about the impact of the ongoing economic crisis on the people; particularly the poor and vulnerable groups and reaffirm our commitment to support Sri Lanka at this difficult time, in line with the IMF’s policies.”

On Saturday evening (9 July), Speaker Mahinda Yapa Abeywardena in a broadcast to the nation informed the public that President Gotabaya Rajapaksa had told him that he would resign from office effective from Wednesday (13 July), while Premier and Finance Minister Ranil Wickremesinghe had informed that he would resign from his premiership once an all party Government is formed, but until such time he would continue to hold the premiership post.

Prior to these developments, earlier on Saturday, protesters invaded the Presidential Secretariat in Fort and well as the President’s House in Fort and the Premier’s Office in Colombo, while also setting fire to the Premier’s private residence in Colombo.

By Paneetha Ameresekere