Tuesday, January 16, 2018 02:32:02 AM

War Against Rajapaksa Regime Debts Begins

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Rajapaksas’ Targets In The Doldrums

by Amavasya Sirisena

The 66th Annual Report of the Monetary Board of the Central Bank of Sri Lanka is being presented to Prime Minister Ranil Wickremesinghe and Finance Minister Ravi Karunanayake by Governor of the Central Bank of Sri Lanka Arjuna Mahendran

The government this week began its war against the massive debts accumulated during the Mahinda Rajapaksa regime.

“This time it is a war against massive debt!” the Ministry of National Policy and Economics Affairs announced.

“The unprecedented and senseless borrowing of the previous regime has resulted in a whopping debt burden of 8,475 billion rupees. This is equivalent to 75 per cent of the country’s Gross National Income….

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