The NPP says it will renegotiate with the IMF if its candidate Anura Kumara Dissanayake wins the presidential polls.


This comes in the election manifesto launched by Dissanayake today (26).

With regard to IMF negotiations, it says:

1. Discussing again with the IMF the inclusion and implementation of a stronger and more correct programme to salvage people who have been subject to poverty and vulnerability

2. Re-evaluate revenue-based fiscal consolidation proposals made by the IMF and present proposals for efficient tax administration and state expenditure management

3. Preparing an alternative debt sustainability analysis to be used in debt evaluations as needed aimed at maintaining debt sustainability and maintaining interest rates at affordable levels

4. Rapidly conducting a comprehensive debt audit to ensure state financial transparency and government accountability and to take legal action against parties who have misused debt

5. Improve fiscal discipline and government finances to raise the credit rating of both the country and the banking system.

 

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