This government printed money amounting to Rs. 03 trillion: Siyambalapitiya

Date:

The outcome of this government’s conduct of printing Rs. 03 million of cash can even be understood by an Ordinary Level student, said Sri Lanka Freedom Party (SLFP) MP Ranjith Siyambalapitiya, speaking to Parliament yesterday (04).

He pointed out that the economic inflation at the black market is not entered in the statistics and that today the price of a cylinder of gas has surged up to Rs. 30,000.

Accordingly, the country is driving itself into a hyper-inflation risking the emergence of complicated problems and the situation could be irreversible should it continue, the SLFP MP warned.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

Opposition Leader Sajith Premadasa Holds Policy Talks with Former Singaporean Foreign Minister George Yeo During Study Visit

Opposition Leader Sajith Premadasa Holds Policy Talks with Former Singaporean Foreign Minister George Yeo During Study Visit

January Welfare Payments Under Aswesuma to Be Credited Tomorrow

January Welfare Payments Under Aswesuma to Be Credited Tomorrow

Parliamentary Panel Sets Weekly Schedule to Probe Unchecked Port Container Release

Parliamentary Panel Sets Weekly Schedule to Probe Unchecked Port Container Release

New Authority Planned to Safeguard Sri Lanka’s Central Highlands

New Authority Planned to Safeguard Sri Lanka’s Central Highlands