The Sri Lankan Parliament is set to hold a crucial vote this evening, April 28th, regarding the agreement reached between Sri Lanka and the International Monetary Fund (IMF). The announcement was made by President Ranil Wickremesinghe on Wednesday morning, as he addressed the Parliament on the subject.
The debate on the IMF agreement started on Wednesday, with lawmakers deliberating on the terms and conditions of the deal. The President made a special statement in the Parliament, outlining the details of the agreement and seeking approval from the lawmakers.
The IMF agreement is aimed at boosting Sri Lanka’s struggling economy, which has been hit hard by the COVID-19 pandemic. The agreement includes measures to reduce the fiscal deficit, increase revenue, and promote economic growth.
Following the conclusion of the debate on the agreement, the lawmakers are expected to vote on the matter this afternoon. The outcome of the vote will determine whether or not Sri Lanka will proceed with the IMF agreement.
The IMF agreement has been a subject of intense debate in Sri Lanka, with some lawmakers expressing concerns over its potential impact on the country’s economy. However, the government has maintained that the agreement is necessary to address the current economic challenges facing the country.
As the Parliament prepares for the crucial vote, all eyes will be on the outcome, which is expected to have far-reaching implications for Sri Lanka’s economy.