Blocking IMF loan smacks of hypocrisy - PPID
The Point Pedro Institute of Development (PPID) is intrigued by the
decision of the United States to oppose an IMF loan to Sri Lanka “until
there is a resolution” (of the conflict). We have also learned of the
United Kingdom’s backing of the US stance, states a PPID press release.
This position of the US vis-…-vis Sri Lanka smacks of hypocrisy. The
US decision comes amidst several other “humanitarian issues” including
reports of the death of nearly one hundred children in Afghanistan
resulting from a battle between US troops and Taliban forces in early
The US stand on Sri Lanka is in sharp contrast to their reluctance to
allow the UN Security Council to discuss the UN Board of Inquiry Report
on Israel’s invasion of Gaza on May 13, and their approval of almost 11
billion dollars of credit to Colombia by the IMF earlier this week.
PPID urges the Government of Sri Lanka (GoSL) to not succumb to the
monetary diplomacy of the Governments of the United States and the
United Kingdom, and persevere with its mission to exterminate the
leadership of the Liberation Tigers of Tamil Eelam (LTTE).