Categories: Headlines

Economic crisis: Bandula invites US Ambassador to meet CB Governor

MP Bandula Gunawardana yesterday said the remarks made by US Ambassador Alaina Teplitz in Kandy on Sri Lanka’s economic crisis were erroneous and invited her to meet the Central Bank Governor to be enlightened about the country’s economic situation.

Addressing a news briefing, the MP said it appeared that certain elements had fed false information to the Ambassador on the economic situation in Sri Lanka.

“We appreciate the fact that the Ambassador took the time to pay her respects to the Tooth Relics at the Sri Dalada Maligawa in Kandy. However, the remarks she expressed to the media thereafter were erroneous. She said the current political impasse had resulted in the depreciation of the rupee, decreased arrival of tourists and had intensified the economic crisis. We would like to point out that all these issues took place during the time the administration of Ranil Wickremesinghe was in charge. When Mahinda Rajapaksa assumed duties as Prime Minister, the country was already in a crisis. We predicted that this would happen. It was just a matter of time,” he said.

He said even the ministers of the Wickremesinghe Government had admitted to the depreciation of rupee while promising that they would find solutions to the issue.

Lankanewspapers

Recent Posts

LNP – India, Sri Lanka sign landmark defence pact during Modi’s visit

In a significant step towards bolstering bilateral ties, India and Sri Lanka on Saturday signed…

6 hours ago

LNP – India, Sri Lanka exchange seven MoUs

India and Sri Lanka exchanged seven MoUs covering areas such as defence, interconnection of two…

6 hours ago

LNP – Sri Lanka sends military team to assist Myanmar’s earthquake victims

A team of Sri Lankan tri-forces personnel, including medical staff, departed for Myanmar on a…

7 hours ago

LNP – CSE dips again amid ongoing global trade tensions

The Colombo Stock Exchange (CSE) extended its losses as uncertainty over global tariff negotiations continued…

11 hours ago

LNP – Excise earns record revenue of Rs.61Bn in 2025 first quarter

One of the three main revenue-generating arms of the country and the competent authority regulating…

11 hours ago

LNP – Cut our tax to 6% or drop tariffs to counter US move: Kalugamage

The best and only solution to the new tax rate imposed by the US is…

11 hours ago