Election will be held once country stabilized: President

President Ranil Wickremesinghe today said in Parliament that an election can be held once the country’s situation is stablized.

In a special statement in Parliament with regard to country’s economy and IMF negotiation developments, the President informed Parliament that the Government received the letter of assurance from the Chinese Exhim Bank last night. The letter of intent signed by the Central Bank Governor and President Ranil Wickremesinghe was sent to the IMF the same night.

He said invited the Opposition to join the government’s efforts in stabilizing the country’s economy and assured that an election would be held once the country has stabilized.

The President assured Parliament that once the IMF agreement is reached, the agreement would be tabled in Parliament along with the draft of the Government’s future plans and a road map.