During the meeting, the dollar crisis was discussed at length and the Energy Minister had pointed out that the US$ 350 million alone was required to import the monthly fuel requirement and efforts to raise the funds had not been successful.
However, it is said that the government’s inability to reach a consensus on whether to obtain a loan from the International Monetary Fund as a solution, could further worsen the crisis.
It is reported that the government is indecisive about whether or not to seek IMF assistance at this juncture.
Ministers who support this idea have urged to do so right away, pointing out the dollar shortage has severely affected the importation of essential goods and medicines.
However, a group of ministers including Bandula Gunawardena and Vasudewa Nanayakkara have strongly opposed it saying conditions will have to be met if an IMF loan is sought, compelling to cut back on the public welfare work.