Isues such as rising commodity prices, loss of jobs for children, the inability of farmers to sell their produce at reasonable prices, the inability of fishermen to sell their fish harvest at reasonable prices, increase in gas prices, oil prices, difficulty in finding employment are the results of the crisis caused by the collapse of the economy says the Leader of the JVP Anura Dissanayake.
A gazette is issued when prices of commodities go up, but there are no goods to buy at the prices the gazette announces as the issue is not the prices of commodities but are the issues of the economic crisis, said Mr Dissanayake.
He emphasized that the main crisis facing our country’s economy is the debt crisis, and by the end of 2021, Sri Lanka’s debt will increase to Rs. 17,300 billion. The JVP leader also stated that Air Lanka, the Ports Authority, the Petroleum Corporation, the Ceylon Electricity Board and the Bank of Ceylon have Rs. 1300 billion rupees in debt and that the total debt will be Rs. 19,600 billion by the end of 2021, and the debt per person will exceed Rs. 900,000 by the end of this year.
The JVP Leader made these observations addressing the inaugural conference of the ‘System Fail’ seminar series organized by the JVP on the economy’s ups and downs.
