Hashim right on the trillion on SOE borrowings
By December 2021, government institutions have borrowed more than Rs. 1 trillion.
Divaina | August 18, 2022
Posted on: 15 September, 2022
Minister Gunawardana on track on railways
While Sri Lanka Railways earned a revenue of Rs. 2.6 billion in 2021, it had to pay Rs.7.8 billion just for salaries and wages.
Mawbima | July 27, 2022
Posted on: 8 September, 2022
President Wickremesinghe correct about SriLankan Airlines’ soaring losses
The loss of SriLankan Airlines in the year 2020-2021 alone is Rs. 45 billion. By 31st March 2021, the total loss was at 372 billion.
Lankadeepa | May 17, 2022
Posted on: 2 September, 2022
MP Wickramaratne a little bit over on inflation
Food inflation rose to 57 % from 46.6 % from last month to this month. Within one month, inflation – food inflation – has increased by more than 10%. Our inflation figures have not usually increased by 10% even over a year but today it has increased by that number within a month.
Lankadeepa | June 8, 2022
Posted on: 25 August, 2022
President Wickremesinghe understates the government expenditure
Although the former government’s budget projected a revenue of LKR 2.3 trillion, LKR 1.6 trillion is the realistic projection of this year’s revenue. The estimated government expenditure for this year is LKR 3.3 trillion. However, due to the increase in interest rates and additional expenditure of the former government, the total government expenditure is LKR 4 trillion. The budget deficit for the year is LKR 2.4 trillion.
Daily Mirror | May 17, 2022
Posted on: 10 August, 2022
Chairperson PUCSL spots possibility for petrol price reduction
The price of petrol was reduced by 20 rupees last night. I had pointed out two weeks ago that the price of a litre of petrol... can be reduced by 150 rupees.
PUCSL Press Release | July 18, 2022
Posted on: 4 August, 2022
Deputy UNP Leader Ruwan Wijewardene does no disservice to past debt servicing costs
Some people in the present government say that the country has come to this situation because we [yahapalana government] took loans. 80% of the loans we took were used for settling the loans obtained by Mahinda Rajapaksa’s government.
Daily News | April 27, 2022
Posted on: 28 July, 2022
Former president misunderstands democracy as unconstitutional
Irrespective of who is there [in positions of power], an unconstitutional event has already taken place in the country… The other thing is that none of the 225 MPs, the current president or prime minister can take the required decisions about the country. The public has rendered their power void… the public has come to Colombo and demonstrated the people’s sovereignty outside of the constitution and have declared that “it is we have who have the power now, not you”.
Pathikada on Sirasa TV | July 11, 2022
Posted on: 21 July, 2022
No credit due for Sabry’s statement on bankruptcy
Some claim that Sri Lanka is a bankrupt country. Bankruptcy is not merely determined by the amount of assets the country has and the amount of responsibilities we have. Our assets are USD 400 billion, and our commitments are USD 47 billion. Therefore, in that sense we are not bankrupt. But what they are referring to is the balance of payment, the dollars required for day-to-day expenses.
Daily News | April 9, 2022
Posted on: 7 July, 2022
Prime minister lost on cost of elections
You cannot go for elections now. The economy is getting really bad. We have to stabilise the economy. The cost of the last election was Rs.10 billion. It will cost Rs.20 billion this time. A candidate will require Rs.25 million minimum for campaigning. We have 196 candidates to be elected plus 66 additional candidates who will be on the fray. That will come to about another Rs.30-40 billion.
Daily News | May 8, 2022
Posted on: 30 June, 2022