News
Eran likens IMF bailout to noose
Getting the approval for the process of the International Monetary Fund bailout loan has now pushed this country to a place to face the bitter truth, SJB MP Eran Wickremaratne says.
Addressing a press conference held at the Opposition Leader’s office in Colombo on Monday, MP Wickremratne said: “Some are of the opinion that all problems that we have will vanish into thin air just because we have been okayed for the IMF loan. That is a fallacy. This IMF loan is akin to asking us to get our necks into the noose first so that they would feed us thereafter.”
The government has not given due consideration for social welfare, the MP said. “There is no protection for the common people. This cannot move forward by driving the poor and the workforce to the wall. The government had continuously been talking to the World Bank, Asian Development Bank and the IMF. None of these talks could ensure social welfare protection for the poor and the workforce. We are asking not only from the government but also from the WB, ADB and the IMF where is the social protection for the people in this IMF loan project,” the MP queried.
Indian Prime Minister Shri Narendra Modi, who arrived in Sri Lanka on the invitation of President Anura Kumara Disanayake on Friday [04] night, visited the Presidential Secretariat this morning (05).
The Indian Prime Minister was warmly welcomed by President Anura Kumara Disanayake upon his arrival at the Presidential Secretariat.
Prime Minister Modi is currently on a state visit to Sri Lanka, reaffirming the theme “Friendship of Centuries — Commitment to a Prosperous Future” which symbolises the longstanding ties between Sri Lanka and India. The Indian Premier is scheduled to remain in the country until tomorrow (06).
[PMD]
The official welcoming ceremony for Indian Prime Minister Narendra Modi, was held this morning (05) at the Independence Square in Colombo.
On arrival at the Independence Square the Indian Prime Minister was warmly welcomed by President Anura Kumara Disanayake.
The Indian Naval Ship (INS) Sahyadri arrived at the Port of Colombo on a formal visit on Friday [04 Apr 25]. The visiting ship was welcomed by the Sri Lanka Navy in compliance with naval traditions.
INS Sahyadri is a 143m long Frigate manned by a crew of 320 and the ship is commanded by Captain Rajat Kumar.
During their visit to the crew of INS Sahyadri will participate in events hosted by the Sri Lanka Navy, aimed to strengthen bilateral ties. They will also visit several tourist hotspots across the country.
Concluding the visit, INS Sahyadri is scheduled to set sail from Colombo on 07 Apr
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Indian Prime Minister Shri Narendra Modi arrives at the presidential secretariat
Indian PM receives warm welcome
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