Golden Opportunity Missed By Opposition; Shehan

Golden Opportunity Missed By Opposition; Shehan Semasinghe

by Zulfick Farzan 11-03-2024 | 5:52 PM

COLOMBO (News 1st); Sri Lanka's State Finance Of Minister Shehan Semasinghe expressed disappointment over the opposition's decision to boycott a discussion initiated by President Wickremesinghe aimed at enhancing negotiations and furthering the International Monetary Fund (IMF) program.

Addressing the media, Minister Semasinghe remarked on the absence of the opposition during the discussion, with the exception of MP M. A. Sumanthiran, who participated and raised pertinent concerns. 

He highlighted President Wickrmesinghe's willingness to share requested information with Sumanthiran, albeit with some constraints on confidential data.

State Minister Semasinghe emphasized the importance of constructive dialogue for economic advancement, lamenting the missed opportunity for the opposition to contribute to decisions vital for improving Sri Lanka's economic conditions. 

He reiterated the President's openness to accommodating credible alternative proposals endorsed by the international community, as per IMF recommendations.

However, Semasinghe expressed reservations about sharing sensitive information, particularly pertaining to bond holder discussions, citing potential repercussions on the financial sector and concerns about favoritism within the opposition.

Furthermore, he underscored the government's commitment to engagement and dialogue, offering to facilitate further discussions with the opposition if credible alternative programs were proposed.