SRI LANKA NEED TO AGREE WITH THE HARSH CONDITION OF IMF
Posted on July 5th, 2022
BY EDWARD THEOPHILUS
Despite the views of politicians and others, Sri Lanka should be forced to agree to strong conditions for economic support. Historical information indicates that the welfare economy has been operating against people working and many people in the country have been addicted to subsidies the government needs to change this situation. Subsidies are encouraged not to work and depend on government support. Poor people should be given support, it doesn’t mean that the country should be allowed the entire population to push depending on subsidies. IMF or any other organization need to impose a strong condition that supports or forces people to work. Galle Face Struggle is the best example that people aren’t ready to work but they open doors of houses for subsidies to come in.
Politicians may not agree with the harsh conditions of IMF and other donor agencies because they are depending on the votes of people who consume subsidies. When watching the behaviour of people on Television news nobody has sympathy toward Sri Lanka because they are so indisciplined and the harsh condition must impose to assist.