Govt. has exceeded the borrowings limit - Vijitha Herath

Govt. has exceeded the borrowings limit - Vijitha Herath

June 26, 2016   05:46 pm

The Government has exceeded the approved borrowing limits, JVP Propaganda Secretary, Parliamentarian Vijitha Herath says.


The observation was made during a press conference held in Battaramulla this afternoon (26).


Herath also went on to say this has also been mentioned in the government audit report.


“The Government has exceeded the approved borrowing limit by 100 per cent. The allocated amount was Rs.1780000 million. But it had obtained Rs.3549805 million,” he added.


However, Prime Minister Ranil Wickeremesinghe assured the Parliament this week that his Government has not exceeded the approved borrowing limits and stood within the agreements with international agencies even though the Auditor General’s report say otherwise.

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Most Viewed Video Stories

LIVE🔴 Ada Derana Prime Time News Bulletin 6.55 pm

LIVE🔴 Ada Derana Prime Time News Bulletin 6.55 pm

LIVE🔴 Ada Derana Lunch Time News Bulletin 12.00 pm

''We will not rest until Sri Lanka is turned around'' - Tilvin Silva (English)

High-level talks held with US to minimize impact of Trump's tariffs - Finance Deputy Minister (English)

'India has been a true friend at every step of Sri Lanka's development'' - PM Modi (English)

LIVE🔴 Ada Derana Prime Time News Bulletin 6.55 pm

LIVE🔴 Ada Derana Lunch Time News Bulletin 12.00 pm

President Dissanayake needs to rectify JVP's mistake first – MP Dilith Jayaweera (English)