Cabinet not shown IMF agreement yet – Susil

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The staff level agreement with the International Monetary Fund (IMF) has not been presented to the Cabinet so far, Leader of the House Susil Premayanatha said in Parliament yesterday (6).

Premajayantha made this remark in response to a query by MP Anura Priyadarshana Yapa.

Yapa asked whether the agreement was presented to Cabinet before it was signed. He said that there should have been at least a nominal approval from the Cabinet before the agreement was signed with IMF.

Meanwhile, Opposition Leader Sajith Premadasa also said that the agreement should be presented to the House.

Dr. Harsha de Silva, Chairman of the Committee on Public Finance (COPF) said, the CBSL Governor has stated that the agreement could not be presented to the House. He stressed that officials who do not have people’s mandate from an election cannot make such decisions as Parliament has the full control over State Finance.

MP Dr. Charitha Herath noted that at least a framework of the agreement should have been presented to Parliament according to the Standing Orders.

By Methmalie Dissanayake