Govt. concerned over project implementation at snail’s pace

Gh Saturday, 27 April 2024 02:11 PM

Wake up. Things are getting better now. Remember, we had a period where several ships berthed in out harbour as we didn't have money to pay for the cargo, oil, medicine...etc

Open your mind Saturday, 27 April 2024 04:05 PM

GH…we seem to be in a better place because we reneged on our debt obligations which are accumulated massive interest fees. It has nothing to do with ranil . Even if a beetle nut seller was the president we will be in this position.

Only at Elections Very concern for the People Saturday, 27 April 2024 05:05 PM

@Gh - Don’t be gullible. These politicians created these hardships due to mismanagement over years. People like you have voted them in many times and most are only interested to fatten their and familles wealth. Taking countless loans and currently at USD$60 billion still unpaid. Ranil bought time to stop paying these loans but from next year onwards most loans plus interest will start to be paid. All’s not well yet and these old fellas who have been in power for many decades created this mess and have barely done anything. Mostly getting donations and loans to maintain their luxurious lifestyle and run the government with high monthly expenditures. So 2022 scenario might appear again if these misfits are voted in again.

Godfather Saturday, 27 April 2024 11:25 PM

@open your mind - The bankruptsy was due to our inability to pay our debts. At that time, our reserves had less than 20 m

Marx Saturday, 27 April 2024 11:41 PM

@ Only at elections - You sound like a JVP lover. Just listen to Lal Kantha's interview where he stated that under a JVP govt, they are going to take over all the big businesses and suppress all opposition

David Sunday, 28 April 2024 12:07 AM

@Only at elections - you does sound very ignorant. There is a thing called loan rescheduling going on. Accordingly, we start paying our debts (except for IMF, ADB, World Bank...loans) from 2028 and not next year.

Banku hora Sunday, 28 April 2024 03:23 AM

Ranil actually stole billions from the economy with his bond scam with his friend Arun Mandan. People do have short memories in SL.

Loans Accumulating and all Need to Be Paid soon Sunday, 28 April 2024 05:57 AM

@David - at the moment 17IMF loans signed over the years still not paid. Remember those bonds, Japan loans all will start accumulating. All the new loans signed last and this year will need to be paid from next year too. They just paid Bangladeshi’s this year. All will accumulate interest and see your taxes and new loans increase yearly to cover this mess. Don’t forget, the governments high expenditures will add to new loans being taken too. Seems you are shamelessly fine with it as you must have enjoyed free education and now medical etc using these loans.

Don’t Be Brainwashed All’s Well Sunday, 28 April 2024 06:18 AM

@David and Godfather- you guys are shamlessly enjoying every moment when things are free and quiet at the moment. Majority of loans are IMF, ADB, WB and debts are at US$60 billion and counting. Current and past governments never reduces its expenses with huge perks, huge Tri-Forces etc. When taxes increase as it can hardly have reserves as seen over the years, all these problems will reappear next year after elections are forgotten and the whole cycle will starts. You guys seem relaxed and not bothered as you must have funds from other avenues. But majority are living miserably and struggling stressfully and may lead to psychological disorders resulting in other issues for society. Remember, Everything done has consequences.

Country with Never Ending Loans Sunday, 28 April 2024 08:17 AM

@David - u are mentioning except for IMF, ADB, World Bank, all others like bonds etc will be paid in 2028. Majority of loans are from IMF, ADB, World Bank. Up to now, 17 IMF loans are taken and a few more on the way. Sooner or later, all need to be paid. And you and others seem fine with it and live at the moment as so used to the free education, medical etc. Remember There is no free lunch! The trend over the years, take new loans and increase taxes to pay previous loans. But Gota's reduction on taxes and pandemic came. So the rhythm is got derailed and all hell broke up in 2022. So now it’s you and children to get these loans sorted out and seem fine with it.

Mohommadyahiyakhan@yahoo.com Sunday, 28 April 2024 08:46 AM

Country is going through a crisis. Do not expect things to move like before. Kohuwala bridge funding was suspended by Hungarian Govt when we declared bankrupt.

Trooper Sunday, 28 April 2024 11:03 AM

@ Country with never ending - your comment is full of holes. Though we went to IMF 17 times we renegaded on all

Country running on Loans Sunday, 28 April 2024 11:47 AM

@ Trooper- some loans overdue paid by increasing taxes and taking up new loans. Can’t people like u understand it’s a never ending cycle and seems acceptable by many so long there is free education, free medical and some occasional handouts. Most politicians enjoying themselves with ez money and perks at their disposal. Those who feel it’s acceptable, do vote them in again and don’t complain and protest later on when taxes and utilities charges are raised.

sach Sunday, 28 April 2024 03:07 PM

The reason SL had to face a debt crisis is because of debt mismanagement during yahapalana years. From 2015-19 , Ranil had taken 12.5 billion in ISBs alone. That is the key reason for our bankruptcy

Unga Saturday, 27 April 2024 02:21 PM

Ha,ha,ha. The next set of 225 will be worse than the present lot. They will be selected from same society where corruption is rampant from top to bottom except for a handful.

Eat my shorts Saturday, 27 April 2024 04:07 PM

That handful happens to be the NPP.

Gobbaya Sunday, 28 April 2024 12:16 AM

@ eat my shorts - So NPP is going to rule with only handful in the parliament?

Government Expenditure Too High With International Loans Saturday, 27 April 2024 07:23 PM

Spot on! If only the other voters can see and say the same as your good-self. Many has the impression he has brought the situation under control but seems to have forgotten that he only stopped the repayments of the USD$60 billion loans for 2 to 4 years and managed to get new international loans. From next year onwards, this needs to be repaid with interest and things might be challenging for all. These old fellas brought this economic crisis over the years by over spending and still continuing with this over spending. They must be removed soonest by voting them out.

Creep Sunday, 28 April 2024 08:28 AM

@ Natalie - The country has suffered enough because of people like you who put party before country.

sach Sunday, 28 April 2024 03:10 PM

In 2023 alone Sri Lanka's debt has risen by 16 billion dollars

Couger Sunday, 28 April 2024 08:37 AM

Also, don't get fooled by such one sided remarks. Judge by performance. All the monitory agencies praising our recovery, whilst some in our country making comments like this.

Poo Sunday, 28 April 2024 09:12 AM

The first task was to stabilise the country. There was no money to get even essentials

Abraham Saturday, 27 April 2024 02:02 PM

RW has been working round the clock to get the country out of this mess while the other two contenders were having a gala time, putting obstacles pulling the country down.

Get real people Saturday, 27 April 2024 03:21 PM

Whatever ranil does is for his benefit and he couldn’t give a damn about anyone or anything else. The least of his concerns is the development of the country.

Seems Educated But Easily Hoodwinked Saturday, 27 April 2024 08:47 PM

@ Abraham- you seem an educated person not residing in SL and can easily be hoodwink with free roofing sheets and rice packets just b4 elections. Ranil was chosen by MP’s which citizens so despise due to a constitutional flaw. It’s obvious he’s getting a good pay and perks pkg on condition he doesn’t bother the politicians who brought the country on its knees. Mega corruption and murder cases are still not investigated properly for the courts to determine judgment. People shud understand most politicians are giving sweets now so that once voted in again, will continue their pathetic and disgusting behaviour to enrich themselves and their families. The average person will continue a very miserable and stressful life. Just look at the conditions of the government hospitals and its facilities, transport system, railway stations etc. SL is still in debt to a tune of USD$60 billion and counting as new loans are added yearly due to their high expenditure and having a huge Tri-Forces.

Dolly Saturday, 27 April 2024 11:56 PM

@ Seems educated - We have been taught to handle the most pressing issue first. It is, turning the country around. Looks like you are looking at all other things with a microscope except the main issue. Even on other matters your reasoning has gone haywire.

Jude Sunday, 28 April 2024 01:17 AM

@Abraham, from which planet that you just landed!?? RANIL worked for only for himself. And for his cronies and topping the cronies list his buddy Mahendran. Even a high school kid can run this country, remember the government restructuring the debt and government haven't repaid any loans or repaid any debt for last 3 years!! Begging for money not development or progress. There's no demand for DOLLAR and dollar depreciating but wait till government start repayment of Debt then dollar gonna appreciate again. The economy is an Illusion!! It's Not progress,!!

Most Still Don’t Understand the Gravity of the Situation Sunday, 28 April 2024 06:40 AM

@Dolly, you must be the ones enjoying all the freebies shamelessly like education over the years these politicians are throwing using loans. In your time, there wen’t the Ukraine and Pandemic issues. Ever since these came on board, all hell broke out in SL and around the world. Also, you must be living the good life and having sufficient funds to visit private hospitals and having private vehicles. Unfortunately, majority uses public hospitals and transportation and all need urgent upgrades. But due to the massive loan repayments and huge government expenditure, life for the average person will go on miserably and stressfully for years to come unless a complete overhaul is done in the next elections and having a younger professional team. These current fellas have been in power for many terms and most are not fit to run SL.

Moonraker Sunday, 28 April 2024 08:54 AM

@ Get real people - May be that's why RW came forward risking his neck to save country when other two were hiding? Lol.

Troy Sunday, 28 April 2024 09:19 AM

@ Seems educated - Go through your reasoning one by one. Not even one single is done on facts, logic or reasoning. Blindly following a party or pure hatred will not get our country or you anywhere.

sach Sunday, 28 April 2024 03:11 PM

Ranil has been traveling around the world thanks to our money

Dee Saturday, 27 April 2024 02:50 PM

Spot on! Most of them are acting after listening to tV talk shows. Come this elections, a totally new set of terrorists ,if voted into power -will screw our country to a place where things can’t be ‘unscrewed’!

Lord of the flys Saturday, 27 April 2024 06:45 PM

Dee, only thing the ranil rajapaksa criminal syndicate left unscrewed were light bulbs.

Daniel Sunday, 28 April 2024 09:25 AM

@Lord of the flys - Wait till you get a JVP or SJB govt, where you will get screwed in style.

Rand Saturday, 27 April 2024 11:00 PM

Typical SL way of looking at things. Half of the country starving but some people want an relatively useless election which would not change anything, but waste billions .

Donor more Interested in the Interest Payments Sunday, 28 April 2024 11:34 AM

Totally agree. But seems these donors don’t bother to check or control the funds over the years. Look at the corruption going on. For them is as long interest and capital is paid on time or receive some prime lands in exchange.