This economic crisis can be solved, Ranil reveals how! (VIDEO)

Date:

The prevailing economic crisis in Sri Lanka can be solved via a programme which should be launched within a period of two years on the basis of international examples and advice, directly raising income taxes and providing relief to the affected constituencies, said Leader of the United National Party (UNP) MP Ranil Wickremesinghe addressing the UNP-led May Day rally held today (01).

The former Prime Minister added that he opposes the 20th Amendment to the Constitution and that the powers of the President must be abolished via the 21st Amendment.

The adaptation of the 21st Amendment to the Constitution, however, would not be a sole solution to the prevailing economic crisis, he emphasised.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

Advocata Urges Redraft of Gambling Bill to Ensure Independent Regulation

By: Staff Writer June 30, Colombo (LNW):The Advocata Institute has called...

Tax Loopholes and Valuation Gaps Raise Alarms over Sri Lanka Used Vehicle Imports

By: Staff Writer June 30, Colombo (LNW): Sri Lanka’s decision to...

Sri Lanka Loses Key UN Marine Research Mission Over Delayed Clearance

By: Staff Writer June 30, Colombo (LNW):Sri Lanka has lost a...

CPC assures Fuel Security despite Iran-Israel Conflict and Global Oil Supply Fears

By: Staff Writer June 30, Colombo (LNW): As geopolitical tensions in...