I wrote a public letter on 22 April 2022 to the IMF and the Indian government asking them not to support the Sri Lankan government with loans until there is transparency and accountability. My point was that the failed regime had robbed and milked the country so dry that more loans would mean they would rob more and leave us worse off. So, until we have a transparent and accountable regime, no loans please. I stand by that despite Mahinda Rajapaksa’s harangue against me in Parliament for doing what I did.
The IMF at least seemed to say on 23 April 2022 at the conclusion of the IMF Executive Board 2021 Article IV Consultation with Sri Lanka, leaving aside the fluff: