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IMF can rescue Lankan economy with proper Loan conditions

Getting harassed by IMF: Ravi ::: Dailymirror.lk ::: Breaking News: The International Monetary Fund (IMF) appears to be hounding Finance Minister Ravi Karunanayake in the wake of multiple blunders in attempting to pass the Value Added Tax (VAT) Bill, increasing the taxation rates in recent months.

“We have another 55 days for the budget, and as the Finance Minister, I get harassed, by nobody else than the IMF,” Finance Minister Ravi Karunanayake told a recent forum in Colombo.

An IMF mission which was in the country last week said that not legislating the VAT Bill soon would threaten the continuation of the 3-year US$ 1.5 billion Extended Fund Facility which started this June and which Sri Lanka is depending on to correct its balance of payments issues.
IMF can rescue Lankan economy with proper Loan conditionsSocialTwist Tell-a-Friend

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