Minister of Plantations and Community Infrastructure, Samantha Vidyarathna, affirmed that the agreement reached with the International Monetary Fund (IMF) cannot be broken, emphasizing its importance for the country’s financial stability. Speaking on the matter, the minister stated that Sri Lanka is committed to utilizing the benefits available under the IMF program while ensuring that the next loan installment is secured.
Minister Vidyarathna acknowledged the need for potential amendments to certain aspects of the agreement, citing ongoing discussions aimed at achieving terms more favorable to the country. Despite these considerations, he stressed that maintaining the framework of the existing agreement is crucial for securing international confidence and financial support.
“The current priority,” he said, “is obtaining the next loan installment from the IMF,” which is critical for bolstering the nation’s economic recovery and meeting its fiscal commitments. The minister’s remarks underline the government’s focus on balancing its financial obligations with the need to make strategic adjustments to ensure the program’s alignment with domestic priorities.
The IMF agreement, part of the broader effort to stabilize Sri Lanka’s economy, has been a subject of national and international attention, with discussions ongoing about its implementation and potential modifications. Minister Vidyarathna’s comments reaffirm the government’s commitment to upholding its agreements while seeking avenues to optimize their impact for the country’s benefit.
