Videos
IPE : Webinar and Media Engagement
Alternative perspectives.
IPE in the Media
Charith Gunawardena
Co-Founder, Institute for Political Economy
Can IMF fix Sri Lanka’s broken economy?
Ada Derana: 15 April 2024
Dhanusha Gihan Pathirana
Economist
The truth about the economy.
The People’s Platform, 15 April 2024
- “Global debt system has no independent mechanism for debt reduction in effective fair way.”
- “The IMF and Worldbank have been powerfully repurposed to shape the global economy to help corporations and the rich nations.”
- “The G20 common framework is inadequate and does not provide a comprehensive, fair or rapid debt resolution framework.”
- “Sri Lanka today is a perfect example, of how not to deal with an external debt crisis”
- “The IMF solution is not just inadequate it exacerbates to problems original cause”.
- “The domestic oligarchy, for years and years have been taking on foreign debt to enrich itself at the expense of the majority”
- “The Central Bank Act is undermining the sovereignty of the country by transferring a lot of decision making to the IMF and by extension to the USA”.
- “There is no rationality for Sri Lanka to have domestic debt restructuring. It has made domestic debt now not risk free”
- “Privatisations are handing over strategic sectors to foreign companies”