Tuesday, July 23, 2024

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Making commitments should be initiated by rulers: Opposition Leader

The example of making commitments should be set by the rulers instead of urging the public to make commitments, said Leader of the Opposition Sajith Premadasa, speaking at the occasion of donating computer and digital equipment to Wimalawansa Junior School, Bopitiya, Akuressa to create digital classrooms two days ago (18) under the islandwide ‘Sakwala’ initiative undertaken by the Samagi Jana Balawegaya (SJB) to develop digital skills of the younger generation in Sri Lanka.

The only way out the crisis befallen the country would be through digital and information technology as well a programme that focuses on that sector, the Opposition Leader emphasised.

“As a country we are in a very difficult situation. The country is heading towards devastation due to the incompetence, arrogance and hypocrisy of the current regime. The dollar reserves of the country have plummeted. “

“As a country we are in a very difficult situation. Today the country is heading towards destruction due to the incompetence, arrogance and hypocrisy of the present government. The country’s dollar reserves have plummeted. A vicious circle has been created. Go to the capital market and get a low interest dollar loan. A vicious circle has been created. The revenue dropped due to the tax concessions given. As a country, we cannot reach out the international capital markets and borrow dollars at low interest rates,” the Opposition Leader noted.

He went on: “In the backdrop, there are no dollars to purchase oil. When there is no oil the electricity is cut off. When the power goes off, factories become dysfunctional. When the factories become dysfunctional, the production of export goods in our country drops. Then we may lose the export markets as we are not able to supply the products requested by the export market on time. As the exports are dropped, so are the dollars. This is the vicious cycle. The vicious cycle has led to the country’s toxic cycle. There is a solution to this. The rulers should be initiating the making of commitments. They should be exemplary characters.”


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