We can t pay for advertisement hoc payments, we require reserves if IMF offer doesn t come through President

INSUBCONTINENT EXCLUSIVE:
President Ranil Wickremesinghe has stated that the nations economy can not afford the release of funds on an ad hoc basis, owing to its
ongoing financial crisis.Taking to Twitter, the Head of State said We are facing an economic crisis, and we require to prepare our costs
carefully
Spending plans are produced the entire year, so we cant launch funds on an advertisement hoc basis
We have to keep a reserve in case the IMF funds for which we are working out arent received in March
Speaking on existing controversies surrounding the 2023 Local Government (LG) election, Wickremesinghe mentioned that they are yet to
receive correct clarity on the costs sustained for the surveys, as the estimated quantities and those asked for do not tally
EC estimated it at Rs
10B but asked for 6B
The authorities have asked for greater than the price quotes , he stated, including that the Finance Ministry has actually been advised to
study these disparities and send a precise budget.Moreover, the Prime Minister has likewise been advised to take the necessary procedures to
designate a Select Committee Inquiry into who is accountable for destroying the economy by the third week of March
The economy is my top priority
We will not have a nation if the economy does not develop , the President emphasised, including that the constitution might be protected
just if the nation is secured.