Crash of economy has begun: UNP

15 November 2011 06:46 am - 11 - {{hitsCtrl.values.hits}}

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The main opposition UNP today warned that the collapse of the economy of the country had started with the passing of the ‘Revival of Underperforming Enterprises and Unutilised Assets Bill’ in Parliament.

UNP General Secretary Tissa Attanayake told a news conference today that the fall of the economy is imminent just like it had happened in Greece and Italy. He said draconian laws had resulted in the economic recession in those countries as well.

Mr. Attanayake said the UNP would begin protests against the Underperforming Enterprises and Unutilised Assets Bill when the party leader Ranil Wickremesinghe returns from abroad on November 17.

Referring to the upcoming budget, the UNP General Secretary said people had lost faith in it because it had become a mere piece of paper as none of the policies put out in it over the years have been implemented. “This has been visible after 2005,” he said.

Mr. Attanayake said the budget this year should be one which gives concessions to the people and a considerable salary hike for the public servants and for the private sector. However he said it is likely that it would be the same at it had been during the past years.

In the meantime he said the people will have to suffer the consequence of the wastage of funds that had taken place as a result of Sri Lanka trying to win the bid to host the next Commonwealth Games. Mr. Attanayake said Rs.400 million has been wasted for this. He charged that funds have been wasted because the government campaigned for the bid the way it is campaigning for an election in the country. “Banquets were held for the delegations of the voting nations at the final ballot held in the West Indies just like they are held for the voters here during an election,” he charged. (Yohan Perera)

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Comments - 11

Black Energy Tuesday, 15 November 2011 06:51 AM

Do something before the crash of the UNP

ind Tuesday, 15 November 2011 07:21 AM

Really ????

kondebendapucheena Tuesday, 15 November 2011 08:46 AM

That is what you wish,Sorry Tissa it is not going to happen

Ramesh Tuesday, 15 November 2011 09:10 AM

Why wait for the Party Leader, cant you protest it now?

Ruwan Tuesday, 15 November 2011 10:21 AM

Do something before the UNP crash!

sophy Tuesday, 15 November 2011 11:01 AM

that is the innocent wish of all UNP people

Lankan Tuesday, 15 November 2011 11:47 AM

Guys remember he is on the other side of the fence !

lokka Tuesday, 15 November 2011 12:15 PM

I thought UNP have a spokesman for economic affaires?

Hora Mottah Tuesday, 15 November 2011 12:51 PM

So let's do something if our country needs to be saved and protected,,After all , we are the people and we shoud have the final say..

Nihal Wednesday, 16 November 2011 05:12 AM

Nothing to do..

Concerned Wednesday, 16 November 2011 06:14 AM

Ok, OK, but where was your boss when the bill was debated in the Parliament?

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Crash of economy has begun: UNP

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