Unite for discussion with IMF on alternative proposals: President urges political parties

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Colombo, Jan. 26 (Daily Mirror)- President Ranil Wickremesinghe extended an invitation to all political party leaders in the Parliament to engage in discussions with the Managing Director of the International Monetary Fund (IMF) on the implementation of the agreement with the IMF, the President’s Media Division (PMD) said. 

Emphasizing the importance of unity in leading the country to success, he highlighted that withdrawing from the agreement would jeopardize the trust in Sri Lanka’s economy.

The President stressed that the nation’s economy suffered due to the politics of promises, emphasizing the need for all political parties to formulate comprehensive plans for the country’s development when gearing up for an election.

President Ranil Wickremesinghe made these remarks during the International Customs Day celebrations at the Colombo Customs Headquarters this morning.  

The President expressed gratitude to all members of the Customs Department for their contributions to the customs revenue in 2023. Highlighting customs tax, VAT and income tax as the three primary sources of income globally, the President stressed the importance of enhancing the efficiency of the customs service to boost the country’s revenue. He further noted that upcoming government legislation and modernization initiatives will overhaul all public revenue-generating institutions.

Source: Daily Mirror