According to the agreement with the International Monetary Fund regarding the extended credit facility, the progress review discussions regarding the second loan tranche have ended without a proper decision and because the government has failed to complete the program with proper efficiency, no specific date has been announced for the second tranche. The opposition leader said that the government should achieve the revenue targets and the goals related to the governance related to the prevention of corruption and frauds and they are asking what steps the government will take for this.Sri Lanka Latest News
According to the report of administrative error judgment given by the IMF, corruption is rampant in this country, power is concentrated among a few elite families, the country has become bankrupt in corrupt family rule in the misuse of public property and an extension of corrupt family rule is still operating in this country. The opposition leader emphasized here.
Opposition Leader Mr. Sajith Premadasa said this in the Parliament today under Standing Order 27 (2) I. M. Questioning the government regarding the non-payment of the second installment of the F agreement.
The opposition leader said here that according to the IMF report, the welfare has collapsed due to the lack of an anti-corruption program and the rule of law has collapsed and in addition even democracy has weakened.
Asked about the conditions, fulfilled and defaulted conditions of the IMF, the opposition leader said that the government is charging high taxes from the professionals and is continuously increasing the fuel, water and electricity charges and all this is done to get the government revenue working. He also said that 2 alcohol manufacturing companies have committed tax evasion of 1.7 billion, although on purpose.
