Sri Lankan opposition leader says he will renegotiate IMF reforms if he wins presidency
SRI LANKA’S opposition leader said on Thursday that if he wins the country's presidential race, he will renegotiate the International Monetary Fund economic reforms package to ensure rich residents pay more taxes and poor ones see their conditions improve.
Sajith Premadasa, the opposition leader in Parliament said that his party has already started discussions with the IMF to find ways to ease people’s tax burden.
The reforms were introduced after Sri Lanka defaulted on its foreign debt creating the worst economic crisis in its history.
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