Despite an announcement by the Mayor of Colombo, Rosy Senanayake and other government officials over the weekend that Sri Lanka had been able to secure Astrazeneca vaccines for the second round, the Daily Mirror learns that the government is yet to make a breakthrough as no official confirmation had been received by the negotiating parties.
By Nishel Fernando Colombo, Dec 30 (Daily Mirror) - Central Bank Governor Dr. Nandalal Weerasinghe said yesterday any government could renegotiate the programme with the International Monetary Fund (IMF) but it would be required to follow the path chosen currently to get international support. Addressing a press conference, he said if the chosen path is broken, no support will be forthcoming internationally. The IMF programme began on September 1, last year. After disbursing the first tranche, it’s again negotiated what our commitments are before disbursing the next tranche. So, it will be a continuous process of renegotiation to change policies in a timely manner, whatever the government is in power for the next four years. There are no restrictions for that. But, the key element is we need to move forward with the programme in order to obtain international support,” he said. He said the foreign governments and other commercial entities are extending the debt relief only on th...
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