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Oshadi said this yesterday


19 February 2016


Views expressed on country’s economy

Following are some of the views expressed on the country’s economy.
Minister of Special Assignments, Dr. Sarath Amunugama stated that a loan of 2.6b USD was obtained in 2009 but that money has been spent.
He added that they are in talks to obtain another loan of one billion USD,  within the upcoming month, through a standby arrangement which will help to stabilise the rupee and further transactions.
UPFA Parliamentarian, Bandula Gunawardena noted that they keep the dollar at 146 rupees by selling dollars on a daily basis to pump more money.
He added that since the foreign reserves have depleted the International Monetary Fund (IMF) shows that Sri Lanka is in severe economic crisis. He went on to note that in order to save themselves from from this a loan has to be obtained in order to resolve the balance of payment.

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