Debt burden on each Srilankan is Rs 530,000 - Fmr AG

7 July 2019 04:05 pm - 14     - {{hitsCtrl.values.hits}}

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Former Auditor General Gamini Wijesinghe said that the debt burden on every citizen in the country amounts to Rs. 530,000.

Addressing a conference of professionals and scholars at the Ramada Hotel in Polonnaruwa he said that majority of the people have not realized this situation and think that the government was responsible for debt servicing and it was not a burden on them.

“I make this statement with responsibility as a government officer who counts a service of 35 years and three and a half years of it as the Auditor General. As a son of a farmer in Polonnaruwa I speak with much sorrow about the declining monetary discipline and the collapse of the economy. I pointed out this continually during the 35 years of my service, but to no avail. I find that we have never had politicians who were prepared to listen to the predicament facing the country. Recently a politician said that even King Dutugemunu could learn from them how to build the country. Any ancient Sinhala king had not burdened the people with debt. History has not recorded that they depended on foreign loans for gigantic projects implemented by them. The need of the house is to awaken the intelligentsia including scholars and professionals from their deep slumber to save the county from the present predicament”, he further said.( K.G.Karunaratne)

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  Comments - 14

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  • DillonDP Monday, 08 July 2019 06:45 AM

    Ha ha its a lie. Its definitely more

    SL Monday, 08 July 2019 07:33 AM

    This is high time to kick our Mr.Clean type fake politicians . Scholars , Businessmen ,and other professionals who love this country and are honest should take over politics from UNP,SLFP,PEP ,JVP lairs and robbers.

    Jude Monday, 08 July 2019 07:38 AM

    The country is Mortgaged for next 50 YEAR's due to Borrowing thru Sovereign Bonds !!!

    Debtor Monday, 08 July 2019 07:54 AM

    Do I have to pay my debt? I never asked for this loan!!!

    Anmanpan Monday, 08 July 2019 08:19 AM

    A big talker and a failed government servant. Looking for a list?

    Raj Monday, 08 July 2019 09:15 AM

    what's the point talking now / talking only ? do we need Auditor General who just to release statements only? Why not recommend Attorney General to take action while reporting to parliament (another dead-end)

    Sangaralingham Monday, 08 July 2019 09:18 AM

    Collapse of economy and declining monetary discipline. Is there an auditor general now. What he she doing country need able financial planner Wise investor thoughtful spenders not money pinching individuals exaggerated spending politicians and careless administrators

    mohamed husam ghaffari Monday, 08 July 2019 09:32 AM

    this is not the responsibility of the citizen in the country if the ministers and Government employees do not take propels tax money and buy expensive cars,ETC the government will have money.

    Lord Wolfstein Monday, 08 July 2019 09:42 AM

    Cheers

    Ajith R Monday, 08 July 2019 09:47 AM

    If theres one thing srilankans must understand is to not vote for the pohottuwa again, it will be a terrible mistake as they will collapse the economy futher more than they did before, even the unp is useless it’s time for a new force

    Nimal Monday, 08 July 2019 10:00 AM

    No worry Sir. We are so happy as our Deshapremi saviours are on the top of the world today. We are ready to pay even if it goes up to 1 million.

    lion Monday, 08 July 2019 10:54 AM

    Is it your new invention ? We all know this for long time.

    jaliya Monday, 08 July 2019 11:01 AM

    Former Auditor General Gamini Wijesinghe said that the debt burden on every citizen in the country amounts to Rs. 530,000 .... We can reduce this number to about LKR 2.38/= per person for the next 10 years, if we get rid of all 225 who are a dead weight and a debt burden to this country and replace them with low paid highly qualified sixty individuals who would only want to contribute for the betterment of sri lanka without receiving any special benefits as a service to their country.

    das Monday, 08 July 2019 11:25 AM

    Another Polonnaruwa baiya blaming the govt


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