Wednesday 26th of January 2022

English Tamil

How will the government find $ 6.7 billion for 2022..?

2021-12-21 1363


The Governor of the Central Bank says that he cannot accept "Fitch Ratings"


The Governor of the Central Bank has become a Joker


Dollar reserves fall to $ 1.6 billion


The country is ruined - the people are helpless


Opposition Leader, Sajith Premadasa has said that the refusal of the grading done by Fitch Ratings Institute by the Governor of the Central Bank of Sri Lanka is ironic which is accepted globally and the Institute has taken steps to further downgrade Sri Lanka's credit rating.

Mr. Premadasa pointing out that these gradings are based on factual data through a scientific method says that no one could say that the data and estimates were false.

He pointed out that the Governor must be thinking that the cunning tricks and gimmicks done by his Government, are done by the world-renowned institutions and even though this Government could do these cunning tricks, scientific institutes which are based on data accepted globally would never do such things.  

Opposition leader Sajith Premadasa who pointed out that Sri Lanka's current dollar reserves stands  at $ 1.6 billion, further says that in liquidity form it is $ 1.1 billion in. Mr. Sajith Premadasa also highlighted that the amount that has to be paid for bills is US $ 1.3 billion  for December 2021 and January 2022 alone and a total of US $ 6.7 billion should be paid in 2022 in the situation that has emerged.

Opposition leader, Sajith Premadasa further pointed out that there is no purpose of taking about this situation if the country possesses only $ 1.1 billion against its obligation of $ 6.3 billion and the fate that has to be faced by the people where the country has fallen in terms of economy, is clear from this situation.