NPP condemns soaring cost of living and economic strain in SL

Date:

Colombo (LNW): Wasantha Samarasinghe of the National People’s Power (NPP) passionately addressed the profound impact of the escalating cost of living on the people of Sri Lanka, describing it as pushing them into ‘an abyss.’

Drawing attention to the alarming surge, he highlighted a staggering 441 per cent increase in electricity bills over the 16 months since Ranil Wickremesinghe took office as the President.

Despite this economic challenge, there is a notable lack of discussions addressing salary anomalies, contributing to the growing economic strain on citizens, Samarasinghe emphasised.

Moreover, he pointed out that the recent tax hike has further exacerbated the decline in the people’s standard of living, painting a stark picture of the broader struggles faced by the population.

Share post:

spot_imgspot_img

Popular

More like this
Related

Fashion Bug Awarded Best Retail Textile Brand of 2025

Rashika Hennayake 16 July Colombo LNW: Fashion Bug has...

Sri Lanka Gears Up to Lead South Asia’s FinTech Future with Landmark 2025 Summit

Sri Lanka is poised to take a bold leap...

Saudi Fund Restructures over SAR 517 Million in Loans to Aid Sri Lanka’s Debt Recovery

In a significant boost to Sri Lanka's ongoing debt...

GovPay Set to Digitally Transform 150 Sri Lanka State Institutions by 2025

Sri Lanka is accelerating its digital transformation agenda, with...