CAUSE OF FALL OF ECONOMY EXPLAINED BY MR

Sunil Thenabadu

10 months ago

ISBs taken from 2015 – 2019, broke the back of our economy – MR

Former President and present leader of the Sri Lanka Podujana Party (SLPP) says that although the SLPP is a part of the government, ‘the present Head of the Government and Head of State is the leader of a different political party with different policies.’

He has said this in a special statement issued today (Dec. 20).

“The SLPP which I lead is a part of the government. However the present Head of the Government and Head of State is the leader of a different political party with different policies. In a situation where this country was faced with complete anarchy, Parliament elected a President to serve the remainder of former President Gotabaya Rajapaksa’s term. The new President successfully restored law and order to the country. He is now directing government policy as the Executive President. At this moment, the primary duty of the SLPP is to ensure a stable government until the next national elections,” he says.

“Due to bad economic management, the period from 2015 to 2019 saw an increase taxes while at the same time experiencing a precipitous increase in foreign debt. It was this USD 10,000 million in new ISBs taken between 2015 and 2019 that broke the back of our economy,” he also said.

Noting that the country is ‘still living through the consequences of January 2015 and this country cannot afford another mistake like that again,’ he states that ‘every member of the public should pay special attention to the tax policy and the past economic practices of the political party they vote for in the future.

NEWS

New Indian High Commissioner arrives in SL

Mr. Santosh Jha, who is slated to be the next Indian High Commissioner to Sri Lanka, has arrived in Colombo today (Dec. 20).

After the presentation of credentials, he will assume his new responsibilities as High Commissioner.

His predecessor – Mr. Gopal Baglay, who relinquished charge as Government of India’s Head of Mission to Sri Lanka on Dec. 15 and has been named as the next High Commissioner of India to Australia.

NEWS

AG Dept. deprived of Rs. 300 mn. revenue!

The Attorney General’s Department has not taken sufficient measures to recover a revenue amounting to Rs. 300 million, a latest report of the National Audit Office reveals.

According to the report, Rs. 90 million remains unrecovered from a period of over 10 years while Rs. over 40 million and over 30 million have not been recovered since 7-9 years and 4-6 years respectively. In addition, nearly Rs. 70 million has not been recovered from a period of 1-3 years.

It adds that the Attorney General’s Department has not collected arrears of Rs. 170 million from 13 institutions including State Corporations, Provincial Councils and banks.

The audit departments have recommended that legal action should be taken regarding these arrears without delay, and if the arrears cannot be recovered through legal means, immediate measures should be taken to write off the long term arrears, with the agreement of the Treasury.

(Source : Lankadeepa)

NEWS

Dhammika Perera among 4 potential Prez. candidates of SLPP – Sagara

The Sri Lanka Podujana Peramuna (SLPP) said that four individuals have been proposed for the 2024 Presidential candidacy.

SLPP General Secretary Attorney-at-Law Sagara Kariyawasam, revealed businessman Dhammika Perera as one of the potential candidates.

Sagara Kariyawasam, General Secretary of the SLPP, emphasized the party’s focus on the upcoming polls. “We are taking all the necessary steps to face any upcoming elections very strongly,” he declared.

(Source : News1st)

Dhammika to be next SLPP presidential candidate?

Dhammika to be appointed as SLPP National Organizer?