Wednesday, July 6, 2022
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Shrink the country’s economy by 25% – Patali

Samagi Jana Balawegaya MP Patali Champika Ranawaka says that if the allies do not help us, we should shrink the country’s economy by 25% and prepare a plan to face this economic crisis.

“Sri Lanka declared a sovereign bankruptcy yesterday (19). Accordingly, it will be difficult for us to borrow from the international market again for another decade. China has already expressed its strong opposition to our non-repayment of their bilateral loans. Therefore, the oil and gas queues will not stop as soon as we think. Hundreds of thousands of people are expected to lose their jobs in the next few months. We are entering a terrible age in which infants and adults are dying of health problems.

What is the solution? Good political stability must be established first. If the so-called allies do not help us, we have one thing to do. Let us forget the growth of the economy and shrink the economy as much as possible. My suggestion is that we should shrink consumer demand by 25% and move forward on this journey. For that, we need to present facts openly to the people.”

Champika Ranawaka stated this addressing a media briefing held by the 43 Division yesterday (20).

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