Is Central Bank readying for an illicit game?
Doubts have arisen about serious dangerous situations as the government as well as the Central Bank, have stated that they cannot disclose the basic agreements related to the loan project of providing US$ 2.9 billion to Sri Lanka by the International Monetary Fund as they contain sensitive matters.
When Ranil Wickramasinghe was a Member of Parliament, he continuously raised his voice in Parliament, asking to reveal the basic agreements that had been agreed upon. Although the opposition, including the NPP, continues to insist that the entire agreement, including the recently signed agreement, be given to Parliament, the government is avoiding it.
Apart from the government, the Central Bank has also resorted to similar action. In all previous cases, a preliminary report was published on the bank’s official website about the agreements made with the officials of the IMF. But this time, on the first day of last week, the news was published under the headline “the staff of the International Monetary Fund reaches an official-level agreement on comprehensive credit facilities with Sri Lanka.” However, the complete article has not been published till now.
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