President optimistic that debt restructuring discussions will end successfully

President optimistic that debt restructuring discussions will end successfully

October 16, 2022   08:27 pm

President Ranil Wickremesinghe stated that he had recently discussed Sri Lanka’s debt restructuring with the Chinese Finance Minister and he is optimistic that the discussions in this regard would be concluded successfully.

The President further mentioned that the delegation headed by the State Minister of Finance, who is currently in Washington, held initial discussions yesterday (15) with the International Monetary Fund (IMF) and the three main creditor nations, China, India and Japan. 

He said that the government is giving priority to immediately solve the problem of the country’s bankruptcy and to ensure food security.

President Ranil Wickremesinghe made these remarks following an observation tour of the cultivated lands in Rathumada-Weerakandawala area in Siyambalanduwa Divisional Secretariat this morning (16), the President’s Media Division said.

The President also discussed the progress of the implementation of the food security program in Monaragala district with government officials.

He said that there is no problem with having debates and also recalled the statements made by some people that they would come forward and shed blood and said that one should live before shedding blood.

The President mentioned that if a proper program is not implemented to provide food to the people, they will not have to shed blood but will starve to death. The President also stressed that politics should be discussed only in Parliament and that everyone should unite in the program to fulfil the needs of the people.

While visiting the cultivated lands in Rathumada-Weerakandawala area in Siambalanduwa Divisional Secretariat, the President also engaged in open discussions with the farmers.

The farmers had the opportunity to discuss the issues they were facing directly with the President and he was also informed by the farmers about the lack of fertilizer, insecticides and pesticides as well as land problems, water problems and the threat of wild elephants in the area.

The President immediately called the relevant officials to the agriculture lands and directed them to take steps to provide immediate solutions to the problems faced by these farmers. While thanking the President for visiting them and looking into their problems, the farmers mentioned that this is the first time that a President had visited their areas, the PMD reported.

The President noted all the issues presented here by the farmers through an officer of the President’s Office and stated that he will appoint a separate Additional Secretary in the President’s Office and take measures to provide immediate solutions to all these problems in coordination with the District political authority and District Government officials.

Also, many problems of the people of the area were presented to the President and among them were the problems of education, roads and housing.

The President, who listened to all those problems, said that he will provide the necessary facilities to ensure that the children of the area who are engaged in education activities in the midst of many difficulties are given the opportunity to receive university education.

Governor of the Uva Province A.J.M. Muzammil, State Ministers Shasheendra Rajapakse, Vijitha Berugoda, Jagath Pushpakumara, Member of Parliament Dr. Gayashan Navanandana, President’s Senior Adviser on National Security and President’s Chief of Staff Sagala Ratnayake, former Member of Parliament Sumedha G. Jayasena, Former Deputy Speaker Ananda Kumarasiri, Secretary to the President Saman Ekanayake, Adviser to the President on National Food Security Dr. Suren Batagoda, Monaragala District Secretary Gunadasa Samarasinghe, Siambalanduwa Provincial Secretary Asanka Dayaratne and a group of District and Local Government officials participated at this occasion.

-PMD

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Most Viewed Video Stories

Sri Lanka Tourism Awards 2024 held in Colombo (English)

Sri Lanka Tourism Awards 2024 held in Colombo (English)

Fitch raises Sri Lanka rating to 'CCC+' after creditor nod to debt overhaul (English)

CBSL introduces new loan rescheduling measures for SMEs (English)

'Hard work and sacrifice paid off': Treasury Secretary hails Sri Lanka exiting default (English)

LIVE🔴 Ada Derana Prime Time News Bulletin 6.55 pm

LIVE🔴 Ada Derana Lunch Time News Bulletin 12.00 pm

Deputy Minister discusses challenges hindering Sri Lankan industries' growth with WB officials (English)

Sri Lanka Cricket implements historic amendments to constitution (English)