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* Sri Lankan Opposition Leader vows to cancel MoUs with IMF on free education
Tue, May 27, 2014, 09:55 pm SL Time, ColomboPage News Desk, Sri Lanka.

May 27, Colombo: Opposition and United National Party (UNP) l Leader Ranil Wickremasinghe said today that a future UNP government will terminate all Memorandum of Understandings (MoUs) Sri Lanka has signed with the International Monetary Fund (IMF).

He said the government has signed a MoU with the IMF to reduce the resources for free education and an IMF delegation is in Sri Lanka at the moment to monitor the government's cost cutting measures.

Addressing a group of retired educationists at his office in Colombo today, Wickremasinghe said that a future UNP government would give priority to education and allocate 6 percent of the GDP for education.

Wickremasinghe asserted that a future UNP government would never cut the resources for free education regardless of any pressure from the IMF or any other agency.

He said the present government has slashed the resources allocated to the free education and about 50 percent students, mostly from rural areas, have no opportunities to proceed beyond the GCE Ordinary Level.

The UNP leader further said that the party intended to introduce changes to the education system so that those who failed the GCE Ordinary Level examination could remain in school and follow special courses.

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