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

Update: Jeep Driver Arrested After Deadly Ella–Wellawaya Road Accident

Police confirmed that a horrific accident occurred last night...

Banana Tissue Culture Lab Boosts North Central Farmers

A state-of-the-art banana tissue culture laboratory has been established...

Sri Lanka Defers 18% VAT on Digital Giants Amid Exit Threats

Sri Lanka has decided to defer the implementation of...

Sri Lanka Moves to Revise Tourism Act amid Industry Revival

Sri Lanka has taken the first formal step toward...