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Video: UNP claims 'economy militarised'

27 June 2012 06:44 am - 13     - {{hitsCtrl.values.hits}}

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The UNP claimed today that the countries economy has been ‘militarized’. Speaking at a news conference UNP MP Dr. Harsha De Silva said that the “economic management of the country has been completely militarized”“The Central Bank yesterday had issued notice to all banks not to sell the rupee above a certain price, there was no spot market during yesterdays trading due to this” he said,.

De Silva went onto point out that the budget deficit is continuously increasing and the in order to cut on the deficit the government has only two options. “The government has only two options to decrease the deficit and they are to cut down on government expenditure to increase taxes” he said.

De Silva said that the governments’ reluctance to decrease prices of goods that have fallen down in the global market is due to this. “Sugar, Petrol and Diesel are all goods that the world market has witnessed a certain amount of decrease but the government is not willing to give this benefit to the people falsely claiming – stability of price- due to this growing budget deficit” he said. (H.F& N.C)
 
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  Comments - 13

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  • krishna Thursday, 28 June 2012 03:46 AM

    This not new. The Foreign Service, Provincial Govt., Urban Development etc., has all been militarized with Armed forces personnel at the helm.
    We are in a democratic militarized nation. Well done!

    P.L.J.B.Palipana Wednesday, 27 June 2012 01:30 PM

    THANKS DR.HARSHA DE SILVA.

    Kondeybendapucheena Wednesday, 27 June 2012 07:09 AM

    Time to time you come out with various stories Doctor,But,,,,,,,,,,,,,,,,,,,,,,,,??????????

    kapa ta Pissu Wednesday, 27 June 2012 02:29 PM

    Keep Slamming. Do nothing

    terror Wednesday, 27 June 2012 02:35 PM

    All alone in the press conference

    Singha Wednesday, 27 June 2012 07:15 AM

    Koheda yanne Malle Pol!!

    Romesh Wednesday, 27 June 2012 06:06 PM

    1.9 tons of gold in central bank is been sold. Foreign currency reserve have dwindled,recession in US, EU, high unemployment are contributing to export trade. Yes with no proper economic security and development plan Sri Lanka will have to face a severe economic crisis shortly. How much ever economists warn the GOSL on these issues, they won't listen, as they are living in a Cinderella world and hiding the truth from people until the whole country collapse like Greece.

    amarakone Wednesday, 27 June 2012 06:24 PM

    half baked (he was a very very average student in a non competitive university in the U.S, he had try really hard to get that PhD) economist now acting like some all knowing man. please Harsha can you just stop your trap. You have no idea what you are talking. relax dude!

    Mr. B Wijeyasingha Wednesday, 27 June 2012 06:29 PM

    So it is militarized. What is the issue? While TESO has been resurrected in Tamil Nadu, while Sri Lankan Tamil politicians continue to call Tamil dominated areas as Tamil homeland and while the Tamil Diaspora have managed to get their host nations go gang up on Sri Lanka the only answer is an increase in the militarization of Sri Lanka in preparation for another war, which this time will be backed by the UN.

    Kalum Dias Wednesday, 27 June 2012 08:57 PM

    Budget deficit had increased under all governments in the history after 1977 hence obviously it has been increasing now too. But as this government says economy is improving then ;
    Step 01: The rates of budget deficit increment should bring to constant level compared to the past though it is high.
    Step 02: Next only it can reduce.
    If Dr. Harsha can explain the exact situation without just blaming as deficit is increasing, it is not professional and people can understand.

    Anon69 Wednesday, 27 June 2012 10:19 PM

    HE worked hard He got his PHD. What about you ?.

    MUSHI Wednesday, 27 June 2012 09:08 AM

    Well Said Dr.!!!

    Ahmed Thursday, 28 June 2012 01:17 AM

    Sri Lanka/s most burning problems are diesal, petrol and what else.

    these people are wrecking the country.


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