Trade Minister Bandula Gunawardane stated that under the Indian Credit Line, the government is expecting to reduce the prices of essential commodities for the Sinhala and Tamil New year. Addressing the media yesterday, he said that solutions for the current economic crisis must be sought scientifically and rationally instead of coming up with political solutions.
“The current government nor the past government is to be blamed for the current economic crisis. On the contrary, this is a crisis that was created since the beginning of the open economy in 1977. Anyhow the previous government was fortunate that they bought crude oil and many other essential commodities at concessionary rates. We are currently facing a Forex shortage that began with the Easter Sunday Attack and was dragged further with the COVID-19 pandemic. In addition, the Russian - Ukraine war too was added to the situation”.
Add new comment