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Govt. faces financial crisis; can’t even pay salaries - CBK

10 May 2015 04:23 pm - 29     - {{hitsCtrl.values.hits}}


Former president Chandrika Kumaratunge said today that the present government was facing a serious financial crisis and was even unable to pay public servants their salaries.

Addressing a meeting organised by the Sri Lanka Development Officers’ Union in Colombo yesterday, she said the government was facing difficulties due to the depleted finances of the Treasury.

She said the crisis had been caused by the lack of transparency in the projects carried out by the previous government.

She said the payment of state sector salaries was difficult because of the lack of funds. “The government is not able to pay state sector salaries to everyone. It’s hard to expand the sector, and some of the employees have no work,” she said.

She said those opposed to Yahapalanaya (good governance) had begun a counterrevolution against the new government.

  Comments - 29

  • Deshan Monday, 11 May 2015 12:18 PM

    hm running the country without a mandate, are you madam?

    Mahinda Saturday, 16 May 2015 03:19 PM

    Mahinda cleared all her dirt durig his rule by finishing off the long protracted war and building the economy of the country.

    Mahinda Saturday, 16 May 2015 03:17 PM

    Only during her rule, economic development went minus.People still remember what a mess she made.

    gemun Friday, 15 May 2015 09:29 AM

    You should have been appointed as the Governer of CB

    gemun Friday, 15 May 2015 09:28 AM

    Can some body make a country with more 7% Increase in GDP, within 4 months ? What would have been the situ when IT was less than zero 1n 1993 ?What ever you say madam, now you can go to Jaffna to address the public, giving due reverence to "Sungod" for failing to blow you off, in Colombo.Since sinhalese memory is limited to 2 weeks as Mr Prabakana had said, You have the freedom to insult the very people who elected you the presidency twice,Good Luck ! Madam

    Prem Nath Tuesday, 12 May 2015 11:28 AM

    Madam,when in power,were you able to make payments on time that you talk about now and blame the previous government? Anyway,you should refrain making such statements since you are not holding any position in this government.

    Kumara Monday, 11 May 2015 05:11 PM

    OMG! Jahapalanaya!

    MahenR Monday, 11 May 2015 03:55 PM

    No money because nobody wants to invest here anymore. Sadly we damaged goods in the eyes of investors..

    jess Monday, 11 May 2015 03:35 PM

    Why she is in Sri Lanka now. Her assets should be confiscated to pay the debts as she did the same during her time. No more crocodile tears..... chase her back to England .. Nobody invited you

    MightyAnt Monday, 11 May 2015 01:38 PM

    Johnny did not vote for this government. He voted for MR and is relaxing at Welikada Resort.

    haris Monday, 11 May 2015 01:32 PM

    When u were ruling our country it was worst than now.Beter to relax at Horagolla.

    gayan Monday, 11 May 2015 01:26 PM

    Its time to send this minority govt home.

    Damien Monday, 11 May 2015 01:07 PM

    Fault of the johnnies who voted for this yahapalanaya

    navin Monday, 11 May 2015 12:37 PM

    Typical moda sri lankan

    Coconut Republic Monday, 11 May 2015 12:36 PM

    All dual citizens like you must give up or should be withdrawn from pension scheme.

    RuwanL Monday, 11 May 2015 08:08 AM

    It’s time to change the Governor and the Secretary to the treasury!

    Yahapala Monday, 11 May 2015 12:10 PM


    Bingo Monday, 11 May 2015 11:39 AM

    No wonder people are trying desperately leave a poor country like SL.

    JAY Monday, 11 May 2015 11:19 AM

    Pl; pay from the waters edge and srilankan money received during your time.

    leo Monday, 11 May 2015 11:02 AM

    No money madame.This is not a place to invest anymore.

    anura Monday, 11 May 2015 11:01 AM

    she is helping Mahinda now?

    Daskon Monday, 11 May 2015 10:52 AM

    you ruin this country for 11 years and now you are the mastermind of toppling MR now Sri Lankans pay the price,Please for god sake leave this country and stay with your children and white Son in law in UK

    Reality Monday, 11 May 2015 10:08 AM

    The previous government ran the country without all this financial chaos.

    MightyAnt Monday, 11 May 2015 09:58 AM

    Sorry, that is where the "buck" stops.

    IND Monday, 11 May 2015 09:51 AM

    Ask the CB governor to issue another treasury bond.

    Ryan Monday, 11 May 2015 09:00 AM

    Madam, Please pay 80 billion Rs. to Government for allowing to destroy entire Sri Lankan Air Lines in one day.

    Esala Monday, 11 May 2015 08:59 AM

    Ane batakola achchi.

    Bokku Kata Monday, 11 May 2015 08:54 AM

    Blame every thing on MR! Ha ha!

    S B Lokuge Monday, 11 May 2015 08:14 AM

    Nom wonder when you have a crooked finance minister and a governor of the central bank the country will go bankrupt.

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