Ranil calls for monthly report on debt & debt servicing

Ranil calls for monthly report on debt & debt servicing

Ranil calls for monthly report on debt & debt servicing

Written by Zulfick Farzan

10 Feb, 2022 | 12:21 pm

COLOMBO (News 1st); Former Sri Lankan Prime Minister Ranil Wickremesinghe has requested the Committee on Public Accounts to produce a report on state debt and debt servicing.

He requested that this report be produced in the first week of every month that Parliament meets.

“Parliament is the body that has control over state finances. We have repeatedly requested for information, and some were never given,” he told the Parliament.

The UNP MP said it is being reported that Sri Lanka’s reserves have slumped to below $ 1 Billion.

Further, Wickremesinghe once again requested the government to hold a debate on the report that would be submitted by the International Monetary Fund following its meeting with the Sri Lankan delegate on the country’s economic crisis.

“As per the regulations followed by the IMF, it will submit a report on the discussions held in three weeks. Accordingly, we will be able to hold a debate on the IMF’s report in March, and thus I would like to make a request from the government for a date to schedule the date.” MP Wickremesinghe said on Wednesday (9).

Again on Thursday (10), Wickremesinghe said it would be wise for the report to be produced to the Parliament for discussion and debate.

Leader of the House & Minister Dinesh Gunawardena said the matter will be raised during the party leaders’ meeting.

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