Saturday, May 30, 2009

‘US not blocking IMF loan facility to Sri Lanka’ Democratic Congressman commends speedy setting up of IDP centres

by Zacki Jabbar

(TI)Visiting Democratic US Congressman Heath Shuler, yesterday claimed that his country was not blocking Sri Lanka’s attempt to secure a US$ 1.9 billion IMF loan.

Schuler, when asked at press conference in Colombo as to why his country had applied pressure on the IMF to refuse Sri Lanka’s request for a standby facility, said "the US is not blocking the IMF’s loan to Sri Lanka." Full text