The country could face another economic crisis in September due to the delay in implementing the conditions of the International Monetary Fund (IMF), Professor Aminda Methsila Perera of the Financial Management and Accountancy Department at the Wayamba University said.
He expressed these views while attending a news briefing held by the People’s Collective for Economic Justice in Colombo.
He said that although 39 per cent of the IMF conditions should be fulfilled by May, the government has fulfilled only 10 per cent.
Meanwhile, Acting Investment Promotion Minister Dilum Amunugama said the Board of Investment has received USD 211 million in investments in the first quarter of this year.
