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Sri Lanka News

Blaming to Yahapalanaya, Government obtained Rs. 2 trillion of debt within 12 months- Harsha de Silva

The current regime has obtained about Rs. 2 trillion (Rs. 2000 billion) of debt within the year 2020 and it would be a question as for to what happened to these monies, stated Samagi Jana Balawegaya (SJB) MP Dr. Harsha de Silva, speaking to media in Colombo yesterday (06th of June).

“Several days ago, the Finance Ministry presented their annual report for 2020. It’s sad to say that the same wizardry of numbers is being practiced here. According to them, the 2020 budget deficit in the annual report is 11.1% compared to gross domestic product GDP. But if you look back at the appendix, there are certain accounts confirmed by the Auditor General that there was a budget deficit of 14.1% last year. See, how many lies and deceptions they come up with to deceive the people of this country and the international community,” Dr. Silva noted.

He added: “They say that we do not obtain loans, but investments are brought. Go and see, the country’s entire account of debt in December 31, 2019 was Rs. 13.01 trillion. At the end of 2020, the total debt is Rs. 15.1 trillion, which suggests that they have obtained Rs. 2 trillion of debt per year. The criticism was that the Good Governance government had obtained Rs. 5.5 trillion within 60 months. Now we ask from those who run the economy – how did you obtain Rs. 2 trillion of debt within twelve months? Double the amount! What did you do with them?”

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