India will assist to the greatest extent possible: Shri Lanka’s former Prime Minister.
India Wickremesinghe also stated that when he was PM in 2019.
The India country’s economy was in good shape, with a capital surplus. Still, the current government’s incompetence has driven people to the streets.
“India is in a state of disaster due to the country’s dire economic situation. However, this government ignored all warning signs of impending financial problems for two years. As a result, when I endowed the office in 2019, we had a surplus budget and enough money to pay for (our imports), “Former Prime Minister Ranil Wickremesinghe told ANI.
On the issue of not seeking IMF assistance in connection with the ongoing economic crisis, Wickremesinghe chastised the incumbent government for failing to make timely submissions.
Former Sri Lankan Prime Minister Ranil Wickremesinghe also stated that when he was PM in 2019, the country’s economy was in good shape, with a capital surplus.
Former Sri Lankan Prime Minister Ranil Wickremesinghe accused the current government on Sunday of plunging the country into a deep economic also political crisis due to its “incompetence in dealing with financial challenges,” adding that the utter failure has resulted in long queues.
“It (the economic crisis) never happened in our time…there were no lines of people waiting to buy necessities when our government was here.”
Even if the government approaches the IMF, he believes it will take longer to see any meaningful relief. Meanwhile, the government has decided to send a delegation to the IMF as soon as possible.
“I don’t believe the government has enough reserves left to pay the bills. So they’re looking to borrow from the leading export companies. India’s fuel credit line will be extended until the second week of May. “Sri Lanka will be in serious trouble. As a result, he predicted. He stated that India had done everything possible to assist Sri Lanka.
