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IMF loan still not approved for SL

June 30, 2009

– Sri Lanka tapped the IMF for aid in March 2009.
– The loan has been put off due to political pressure from USA, Britain and other Western nations over Colombo’s handling of the final stages of a battle against Tamil separatists and charges that thousands of civilians were killed.
– USA, the main shareholder in the IMF and whose approval is key to the release of the money, has welcomed the end to the Sri Lankan fighting but urged Colombo to meet the needs of 300,000 war displaced people who remain in temporary government shelters and has also supported calls for a probe into alleged war crimes committed by Sri Lankan government troops.
– UN has also been at odds with the Sri Lankan government over its treatment of the displaced persons. Colombo has arrested two United Nations employees, both ethnic Sri Lankan Tamils.
– Human rights organizations claim Sri Lankan authorities have taken thousands of Tamils from the camps for the displaced.
– Some rights campaigners compared the plight of the Tamils in the camps to that under Nazi Germany.
Read full article here.

Inner City Press: On Sri Lanka, UK Says IMF Loan’s Not Moving, UN Silent on Abducted Staff and Doctors Amid Its Claims of Myanmar

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