IMF Staff-Level Agreement not the final

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President Ranil Wickremesinghe has informed that the Staff-Level Agreement with the International Monetary Fund (IMF) is not the final agreement and the approval of the IMF Executive Committee has not yet been received regarding the agreement, Speaker Mahinda Yapa Abeywardena announced in Parliament yesterday (22).

The Speaker made this announcement after several Opposition MPs repeatedly urged the Government to reveal the details of the said agreement.

The President has informed the Speaker that the relevant parties will be notified once the approval is received, the Speaker said.

“The President conveyed to me that the Cabinet has not been informed about this yet and that he will soon inform the Cabinet once all the information is received. Furthermore, the President informed me that a system will be prepared to inform all the necessary parties including the Opposition in this regard. The President stated that the Opposition and other interested parties will be invited for the briefing with the Cabinet soon,” the Speaker said.

BY Methmalie Dissanayake