21 May, 2024

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Debt, Divestiture & Discontent

By Ameer Ali

Dr. Ameer Ali

Debt negotiations between government’s hired experts and private sovereign bond holders are reported to be progressing undern closed doors and to the satisfaction of the principal supervisor IMF. This has convinced the former SLBC Governor Indrajit Coomaraswamy to feel confident that the third tranche of IMF’s $3billion EFF would be released soon. If settlement arrangements are to be finalized and signed by both parties the terms and conditions so agreed must be honoured by all future governments until the entire debt settled completely. The expectation is that the current debt burden would continue until 2040. But given the poly-crisis that Sri Lanka is confronting further borrowings cannot be ruled out. In fact, it is already borrowing. Therefore, all that the expected settlement would achieve is to make it easier for future governments to borrow from international creditors. In other words, Sri Lanka would not be shut out from the credit market.

But the biggest question is whether the country could ever be debt free with a socio-economic and political system that demands no accountability from its managers. True, lending and borrowing are unavoidable transactions in modern economies. However, when governments borrow without limits and spend on injudicious projects, absent from any independent cost-benefit scrutiny, the real cost of project failures fall entirely on the shoulders of citizenry. In other words, when governments borrow, they actually mortgage the livelihood of citizens as collateral. Today’s economic suffering and destitution endured by a large segment of Sri Lankans is the true price for allowing this rotten practice and its supporting system to continue for decades. Irrespective of whether the current debt negotiations end in success or failure nothing is going to change as longs as the ruling system is allowed to continue. System change is therefore the most basic need of Sri Lanka today. But sadly, IMF has no concern about this need and Ranil Wickremesinghe’s promise to empower peoples’ basic needs is only a political stunt devoid of any substance. While IMF is guarding the international financial system RW is guarding the socio-economic and political system at home. Both need change and the cry for that change is growing louder by the day.

It has been said before and worth repeating again that neither the IMF nor RW who claims credit for inviting the IMF to rebuild a bankrupt economy is interested in changing the systems they both represent respectively. IMF is one of the watchdogs created after World War II to take care of those economies that faced the danger of falling out of the capitalist train because of persistent budget crises. But, since the dawn of the era of financialization of economies the primary objective of IMF has turned out to be protecting the financial architecture of turbo-capitalism.  It is a continuing and shocking saga in modern economic history that in several developing countries their economic crises originated from financial crises in the developed world. How could economists rationalize the bizarre situation where the financial sector created originally to serve the needs of the real economy becoming the leading sector and subjugating the real economy to serve the needs of finance? Accordingly, whenever a country in chronic balance of payments and budgetary difficulties approaches IMF for help that institution starts its assistance by prioritizing the needs of the financial sector and not those of the real sector. Private institutional creditors are part and parcel of the global financial network. Hence, while tutoring Sri Lanka on how to repair the economic damage, IMF has not lost sight of the interests of the country’s private creditors. This is why although IMF is generally satisfied with Sri Lanka’s debt negotiations, no one knows yet what the final terms and conditions are going to be laid out by the creditors. This is also why the opposition is calling for greater transparency in these negotiations.

Another related aspect of debt settlement is Sri Lanka’s decision to divest its lossmaking state-owned enterprises (SOEs). IMF’s insistence on economic restructuring demands divestiture of these white elephants. Once again, it is the system in vogue that allowed inefficiency to creep into SOEs in the first place and made them lossmaking entities. Political interference, corruption and nepotism were endemic to these enterprises and even to sell them now is becoming difficult because there are no buyers. Will there be a fire sale to get rid of them? IMF’s demand for economic restructuring and reduction in social spending would invariably mean promotion of private enterprises and death of the welfare state. This would widen the class binary in this country with fast disappearance of the middle strata.   

All this are part of a grand scheme to convert Sri Lanka into a paradise for foreign investors. RW has already advertised that by 2048 Sri Lanka would be an industrial paradise glowing with export-oriented manufactures run on renewable energy and advanced technology. How many Sri Lankans would be employed in these labour-saving industries and at what rate of wages are details too uncomfortable for him to spell out before his re-election. However, encouraged by a couple of positive but not solid developments in the economic front, like reduced inflation and appreciating rupee, he has tempted foreign investors to get ready to capitalize on the next growth wave in this country. One wonders whether he is aware of the gloomy predictions about global economic outlook by IMF as well as other independent observers.

To those who are familiar with development economics it is worth reminding the once popular Lewis-Ranis growth model advocating that labour surplus economies should promote labour intensive industries in the urban sector to remove disguised unemployment in the rural sector. That advocacy soon led to the idea of appropriate technology and China came out with its two-wheel tractor to start with. But on the whole what that model achieved was to convert disguised unemployment in the rural sector into open unemployment in the urban sector because the industries that developed were labour saving and capital intensive. Sri Lanka is still a labour surplus economy and its rural sector is that economy’s backbone. RW’s export oriented industrial Valhalla cannot and will not be a solution to Sri Lanka’s unemployment issue let alone the poly-crisis. Blind adoption of advanced technology could spell disaster, and one doesn’t have to be a Luddite to warn policy makers of the negative side of high-tech-based industrialization. Labour exodus to foreign countries speaks volumes about the enormity of employment problem facing this country.  Surprisingly, the lure of foreign remittance is encouraging the government to encourage this exodus. Instead of exporting material products the economy is forced to export human cargo.      

What is IMF’s agenda for developing the rural sector? RW’s 2 million title deeds to farmers as announced in his budget speech is more a political trick to win rural votes rather than a feasible solution to problems confronting this sector. Farmers certainly need titles of ownership to the land they till. But the prevailing socio-political culture will not allow that to happen. Beyond that the rural sector requires massive transfer of resources to enable it to produce surplus. But IMF expects the financial sector to drive growth in the real economy including the rural sector. This is an indirect approach insufficient to rejuvenate the largest segment of the economy that demands direct assistance. It is surprising that one or two economists occupying opposition seats in the parliament are also advocating modern technology as the ultimate solution to the country’s farming problem. It is dangerous to put all eggs in the single basket of technology. Farmers everywhere are the most conservative segment in a society, and unless they see proven success of a new experiment or innovation, they would be its most reluctant imitators.    

In the meantime, IMF’s sector biased and class biased reforms and RW’s progressive cuts to social spending supplemented by his aswesuma poor relief had created near destitution and discontent amongst the masses. Families are skipping meals because of unaffordability. Unless there is radical change in the overall system that governs this country all reforms would remain patchwork attempts. Of all the political parties only NPP seems to have understood this dilemma, thanks to the aragalaya youth. NPP is calling for system change through social revolution. This is why the forthcoming election promises to be a contest between two generations of voters, one demanding system change and another desiring the status quo to continue. The change demanders seem to be having the number to tip the balance.  But the old guards are not going to surrender without a fight and they are resorting to the same old divisive and communal tactics to stop radicalization of voters. NPP’s challenge is formidable but not unsurmountable. If destitution and discontent worsen in the meantime an open revolt from the masses cannot be dismissed.   

“In the disturbances caused by scarcity of food, the mob goes in search of bread, and the means it employs is generally to wreck the bakeries” (Ortega Y Gasset, The Revolt of the Masses, 1957, p.60).

*Dr. Ameer Ali, Business School, Murdoch University, W. Australia

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Latest comments

  • 9
    4

    Why does the IMF want to associate a bankrupt Sri Lanka? We all know that the supreme court of Sri Lanka recently identified Rajapaksa family and its allies were responsible for the Sri Lanka’s economic crisis but without any punishments. We should note that the law of the country or politicians or IMF are satisfied with it because they need Rajapaksas if necessary. The IMF and the West do not like any other political group (NPP) coming out of this situation. The debt restructuring negotiations under the closed doors with Private loan providers may become successful once Sri Lanka is assured to meet the conditions of the providers while keeping the same old corrupted political system active. People have to continue to suffer.

    • 1
      2

      I fear that you have to learn a little about the IMF other than the impression that it is to help countries in debt.
      The Afghan moneylender of our long past or the Marvadi of South India probably was less heartless.

      • 0
        1

        Birds of a feather flock together.
        A rock like you searching heart with in the IMF. Not that bad anyway.
        Nevertheless, IMF joined the genocide criminals with the murder of 165,000 Tamils, is not without any ability to get along. As Sagala could not reach an agreement with the bond holders because IMF gave same growth estimate it gave to Langkang election campaign. So, the Bond holders want more pie of the Healthful Sinhala Buddhists’. Harsha said it was a good service to the country Sagala did by refusing to agree to the loan reduction deal. It was only another secret solution negotiation, because there was no openness for the Run Away UNP branch. Now IMF is saying they will help Langkang in the loan restructuring by redoing the calculation, by forcing the lenders to agree first and then ask for the correct numbers of the growth rate. Come on man, what is this, Is IMF truly an international institution?
        Where is our mate LangkangScot, your Munthanai holder? I know my pal Old will argue this is absolutely not the case because more lines are than needed. But that is exactly what Colombo media reporting, but it in Mahavamsa Language. So Old would not have been able to read it. But he is going to blame me.

        • 0
          0

          Hello Mallaiyuran,
          I don’t know enough about Sri Lankas political history to comment intelligently. I can see the results here in Central Province of Government corruption and mismanagement. Even Western Countries have gone to the IMF for help. Some have taken 10 years or more to recover and Greece may not recover until 2034 https://www.imf.org/en/News/Articles/2019/10/01/sp093019-The-IMF-and-the-Greek-Crisis-Myths-and-Realities
          If Greece is going to take this long to recover what hope is there for Sri Lanka? I argued with one of my colleagues about the dangers of Printing Money. As a believer in MMT (Modern Monetary Theory) he reckoned it wasn’t a problem. What he didn’t know was the degree of Price Control in Sri Lanka and the level of theft by Politicians and their Business associates – not to mention the role of the Central Bankers.
          Given all that I have no idea how Sri Lanka is going to get out of this Economic Swamp that has developed in the last 5 to 10 years (or more according to some).
          Best regards

          • 0
            1

            “I don’t know enough about Sri Lankas political history to comment intelligently. ” It is not you and it is not only just the history is misunderstood by the Colonial Masters, as they are called by Evil Emperor, UOJ Sadampi like local Bourgeoisie, their comprehension is feebler so, they hold Mahanama weightier on relevance to the contemporary trends than Robert Knox. They squeeze them hard to walk through raindrops only to save Rowdy Royal, Evil Emperor, SJB elitists like Harsha, Valaiththodam, Chandrika, Kadirgamar………. who are the classical UNP-SLFP union’s leaders. You show in the Colombo media reported yesterday that America has warned those who keep trading relations with Iran, but the media is interpreting that the American rhetoric is not applying to Langkang’s Evil Administration. If these exchanges make any sense for anyone, do you know what dictionary American politicians are using and which the Colombo media is using, so we too can insert us in these conversations? Certainly, there is a serious gap present, my guess. Problems are arising only from the pundits who have memorized Mahanama’s Bible, not willing to witness the Langkang largest turmoil in its’ 2600 years’ artificial History of Sinhala Buddhism the Civil War fought against Tamils.

          • 0
            1

            Apparently, Colombo media sees the Rapist Navy secretly going to fight in the Red Sea as a matter mentioned in Mahavamsa, but they reject idea of that the Iranian President’s opening the Uma Oya project, which was funded by them, will be ever taken into Mahavamsa. Thus, they say America’s current warning on “Trading with Iran” is not including Langkang.
            Accurate History or Actual events play no role in the contemporary vogue or daily life of Lankaweyans. They are highly doped with the Sovereignty of Sinhala Buddhism (Not the religious Sinhala Buddhism or Buddhism), and kept out of senses, only to keep their attention out of the current Kleptocracy UNP-SLFP union administration’s activities. Otherwise, would there be a need to compare a highly educated nation Grease with Langkang that went bankrupt only because they did not want to leave Grease alone to have that title. Yet Grease did not compete with Langkang on titles like “174th country out 179 countries in media safety”, or “the fastest growing industry in the country is only sex trade”, or “one within the 19 countries listed as heaven for money Launders” or even “one of the 22 nation which use raping as weapon” and so on and on…..

          • 0
            0

            Neither Grease proposed, in order to fight bankruptcy, legalizing prostitution, farming marijuana to export, encouraging local night life to attract tourism, training female nurses with the purpose of sending to foreign employments…….. the classic Sinhala Buddhists cultural money-making ideas.
            No point in elaborating the 1931’s Universal Franchise as “we are the first democracy in the East”, which is the history everybody knows, because we are not going to end it with as we are the only one in the East borrowed 17 times from IMF, and now we owe $95B and bankrupt country in the East. We are watching our Neo and Old Colonial Masters of the West, like to run the world affairs. In Tamil they say the craft maker’s children don’t get mat to sleep at night. It is difficult to interpret. But where things continue to roll, the words’ `life and happiness’ do not take the pundits’ dictionary meaning but the practical meaning- i.e., whatever was practiced at that time in question. Nothing left for the bogus pundits to illuminate on that. Everything is to experience and endure. That is the true Buddhism, guessed by educated people as preached by Lord Buddha, not Sinhala Buddhism.

    • 1
      0

      Ajith ,

      The term Bank means ‘ Money Lending Shop .’ Their job is to HELP
      YOU and By Doing So , They Also Help Themselves . You can define it
      in so many ways . And then International Money Lending is Like ,
      in my description , Iran launching Ballistics to Israel , over other
      sovereign territories ! And Rajapakshas have been allowed to Fuxx
      the economy but with caution , like having a Conxxm on ! Exactly
      similar to Birth control , in here it is Fraud Control , Ask Desi Achchi
      She Knows More of it !

  • 1
    1

    When governments borrow, they mortgage the livelihood of citizens as collateral.
    Labour surplus economies should promote labour intensive industries.
    Instead of exporting material products the economy is forced to export human cargo.
    …. Some food for thought.

    • 3
      0

      Nathan

      “Instead of exporting material products the economy is forced to export human cargo”

      If the state does not export “human cargo” the state will have to feed them and keep them alive, one way or another as you know the economy is not large enough to provide employment for all. The income derive from employment is not sufficient to feed household. A large number of low income families are kept alive by government hand outs including farmers in agriculture sector.

      These small scale first time farmers were given land in colonisation schemes with the view to occupy land, just to deny others their claim to nationhood, part of paranoia driven nation (ruining) building policy.

      Ranil Wickremesinghe announced that 2.74 million low-income families would receive a monthly allocation of 10 kilograms of rice for two months – adaderana.lk/news/ 21 04 2024.

      Average farmer does not make any surplus out of these farms because the plots are very small. Those who make profits are those who unofficially have taken lease from smallholders and those rice Mafia. Ultimately Rice Mafia and unofficial leaseholders are those who directly or indirectly benefit from all state interventions.

      That is the kind of price Nation Builders are prepared to pay for their exclusive right to land since 1940s.

      • 1
        0

        N V ,

        Few days back , Island News paper published a survey from s third
        party that said , 90% of Youth wanted to leave the country in search of
        Comfortable life . Is this situation Sudden , Natural or Created by
        Wrong Politics and Economy ? Or is it the Culture ? I hope you agree
        with me that up until 1975 or 1976 , ninety nine percent in the
        country had no idea of what’s an airport ! Today , it is not second to a
        Fish Market ! Another point worthy of looking at how ” We also want it “
        attitude developed over time is , Mid East Job Mania ! Doors opened
        at the end of 1970 Sirimavo era and multiplied ever since . Flood of
        domestic aids started in late 80s I believe . The main issue was people
        always wanted more , more and more . It is Luxury that they are chasing .
        And not necessarily lack of basic needs or opportunities . They are even
        ready to end up at other countries’ war fronts for a better life ! They are
        not alone , India , Nepal and Philippines all infected with this epidemic .

        • 0
          0

          Continued ,

          Sorry , I didn’t finish it . Now we even have a Minister for this . Even
          in a family of only two children , where parents are well paid retired
          profs with property , mad to move out . Not really due to anything else
          but sheer Greed and competition and the Politics , Rogue Politics
          capitalise on the disease . It is now a disease without any cure !

        • 0
          0

          Hello whywhy,
          I worked with Indians, Nepalis, Philipinnes, Pakistanis and Sri Lankans in the Middle East. Most of the IT personnel were Indian or Pakistani with some from the Philippines. Nepalis and Sri Lankans were mostly Labourers or working in Supermarkets and some as Housemaids. Occasionally I would meet Sri Lankan Accountants working in Offices. All of them with no exception were there in the Middle East trying to earn enough money to send back to their families or to accumulate enough to build a house back in their home countries. All complained about the corruption of their Politicians, Police and Government departments – it was not greed on their part that motivated them.
          Best regards

    • 2
      1

      Nathan,
      .
      They don’t have to be exported abroad. Export to Colombo, where they can service the various needs of Ranil’s elite:
      .
      https://www.dailymirror.lk/breaking-news/Government-to-provide-ownership-of-50-000-flats-in-Colombo-to-plantation-residents/108-281095
      .
      And given those sorts of employment, we can save on attending to troublesome requests for things like Education. It is the cows that require the “state-of-the-art” technology, and accommodation in the salubrious climes Ambewela:
      .
      https://www.ft.lk/agriculture/President-makes-second-visit-to-Ambewela-Dairy-Farm/31-760866
      .
      That’s going to be a multi-purpose scheme. Tourists will visit Ambewela.
      .
      I’m gritting my teeth, and waiting for elections.
      .
      Panini Edirisinhe

    • 1
      0

      Nathan

      “Instead of exporting material products the economy is forced to export human cargo”

      If the state does not export “human cargo” the state will have to feed them and keep them alive, one way or another as you know the economy is not large enough to provide employment for all. The income derive from employment is not sufficient to feed household. A large number of low income families are kept alive by government hand outs including farmers in agriculture sector.

      These small scale first time farmers were given land in colonisation schemes with the view to occupy land, just to deny others their claim to nationhood, part of paranoia driven nation (ruining) building policy.

      Ranil Wickremesinghe announced that 2.74 million low-income families would receive a monthly allocation of 10 kilograms of rice for two months – adaderana.lk/news/ 21 04 2024.

      Average farmer does not make any surplus out of these farms because the plots are very small. Those who make profits are those who unofficially have taken lease from smallholders and those rice Mafia. Ultimately Rice Mafia and unofficial leaseholders are those who directly or indirectly benefit from all state interventions.

      That is the kind of price Nation Builders are prepared to pay for their exclusive right to land since 1940s.

      • 2
        0

        “Labour surplus economies should promote labour intensive industries.”

        One may have missed ……. Lanka promotes labour intensive industries, no doubt: politics.

        And compensates very well too.

        Lanka is one of a kind. We should learn to appreciate what we have.

  • 4
    0

    The recent Economist records that Greece is responding to the austerity measures introduced by the IMF after ten years of suffering. The result is that the middle class has been totally hollowed out. The rich are super rich. The poor continue to suffer in silence. In Sri Lanka, we start on the IMF programme with the filthy rich who got there through cronyism and corruption, not through the production of wealth but through pilfering from the treasury. The IMF programme will destroy the welfare state and ensure that the economy remains integrated as a peripheral economy of the West. The Mahanayakes will be looked after but the poor will continue to suffer. No system change, whatever that means will occur. RW will maintain the status quo. The IMF and the ADB have already patted him on the back and he will remain their poodle. AKD is yet to suggest a vioable alternative. He has not alienated himself from the IMF. He has said he will negotiate with them. So, where is the system change?

    • 3
      0

      ”…..where is the system change?”

      Good question. Under NPP, in my opinion, we can expect a ‘socialist’ govt. with communist ideology underpinnings. Another era of Mrs. B’s failed economics but probably worse for the average citizen. State monopolies & oligarchs, corruption behind closed doors instead of blatant abuse of state resources. I maybe wrong but its a doomsday scenario for me unless the NPP can provide a comprehensive strategy to convince me otherwise. I expected the intellectuals in the NPP to jump at the opportunity to thrash it out in public but there seems to be no progress with the debate challenge by the SJB.

      • 1
        1

        Raj=UK: Haven’t you heard that the dates for the DEBATE between SJB leader Sajith Premadasa and NPP, leader Anura Kumara Dissanayake have been notified?

        The executive member of NPP – Dr. Jayatissa has written to SJB, Sajith P requesting to pick up a date from several dates indicated in the letter.

        Let us wait for the response from SJB.

        • 0
          1

          Exactly, Douglas.
          .
          Raj-UK (personally a very good guy) has made a habit of talking about how unfavorably we emerge when compared with the wonderful politicians they have in Europe, when in actual fact people like Nalindra Jayatissa actually are far more decent, although they don’t label themselves as being “good”.
          .
          In England it looks as though Rishi’s government will not last more than a couple of months. It is admitting their inadequacy that they rise above fellows like our Ranil.
          .
          The fellow will be here again tomorrow to declare open the Uma Oya Scheme. I hope that you understand how much we curse these b****ds for being goody goody guys who want to be doling out goodies to us that they clearly demonstrate what a curse they are to us.
          .
          Panini Edirisinhe (NIC 483111444V) of Bandarawela.

          • 0
            1

            SM
            I lost faith in RW some time ago & was never impressed with Premadasa jnr, which leaves AKD as the only reasonable contender. However, my conclusion of the NPP is that it is a ‘socialist’ party with communist underpinnings & AKD being the leader of the JVP, which is open about their communist ideology, it is to be expected that AKD is a communist at heart. I can remember the period of austerity under Mrs. B’s ‘socialist’ govt. & I can see the same with a NPP govt., if not worse. People assumed GR was the great leader despite the warning signs & 6.9m voters caused misery to the rest of the population, which is why I want to see voters, learning from mistakes, making an educated decision.
            Cont.

            • 0
              0

              Cont.
              As for UK politicians, there are many, particularly in the Tory party, such as, Reece Mog, Suella Broverman, Priti Patel, who I dislike. I admire Sunak, although, I don’t agree with some of his policies, because he is a self made millionaire & to his credit, brought down inflation to 2% as promised & stabilised the economy after the disastrous ‘Trussnomics’. The difference with UK politics is that incompetence & scandals can bring down politicians, unlike in SL, where politics is a career for life.

              • 0
                0

                “I admire Sunak”
                Self-made millionaire, by marrying into a rich family?
                Have you checked on his rating at opinion polls.

                • 0
                  0

                  SJ

                  Sunak comes from a well to do middle class family & had the advantage of a private school education which give him the opportunity for higher education in prestigious universities. He made is own millions & doesn’t need his wife’s wealth. He was the obvious choice after Liz Truss’s disastrous economic blunder but a practising hindu whose ancestors came from the colonies & to boot, the richest PM ever in UK, doesn’t go well with the Tory faithful. The Tory down fall started soon after Boris J’s massive win on the ‘getting Brexit done’ ticket but the honeymoon period ended almost immediately & Liz Truss banged the final nail in the proverbial coffin. Boris J is still the poster boy for Tories & Sunak is the fall guy despite his better handling of the financial crisis brought about by his predecessors.

        • 5
          0

          Dear Rational thinkers,
          This is just misleading the nation. The truth is that a request was made to discuss the NPP’s economic plans. Chathuraga has accepted that JVPrs had no good plans in 2019.
          https://www.youtube.com/watch?v=WRNqVB96vlg

          (btw Nalin Jayathissa (MBBS) is not a doctor. Wearing titles are connected with some norms, just because you have a degree, you would not become a doctor… you shoul dhave worked for a doctorate.. then only you are entitled to use the prefix)

          Now it has become a debate between AKD and SP… Why ? If they have the guts to explain YOUUBERS, they should answer all the backlog questions we raise here again and again.

          • 0
            3

            “leelagemalli”!
            .
            Why have you given us only one link? And that a doctored 12 minutes without a clue as to where we can find the full discussion? A guy like me never does that.
            .
            What the hell have you said about Nalindra Jayatissa, MBBS? A person with such qualifications is always referred to as a Medical Doctor.
            .
            A PhD is a different matter.
            .
            Whilst we are about it why not listen to a real Professor? He speaks here for 26 minutes, 24 seconds – in Sinhala:
            .
            https://www.youtube.com/watch?v=_Y8DMfMhFyQ
            .
            Well, Dr Arjuna Paraakrama has just retired as Professor of English (Chair) at Peradeniya. Listen to him telling you how your fraudulent President (Ranil Wickremasinghe), who manipulated his way in, is now dismantling our entire system of Education.
            .
            A bit unfortunate that he speaks here in Sinhala, which will not be understood by our fellow-readers whose first language is Tamil. Arjuna is addressing Sinhala kids who don’t know English. People like you are for ever playing around with words.
            .
            By the way, Arjuna is a good friend of mine. Do you want me to elaborate?
            .
            Panini Edirisinhe

            • 3
              0

              Please don’t reveal anyone’s gossip (OPADUPA). CT will not respect it. If you want to receive dozens more alerts from CT, you can continue to do so.
              Unfortunately you have a habit of doing that.
              :

          • 1
            3

            Dear LM: You say Dr. Nalinda Jayatissa is not a Doctor.

            What a lie! Please do your study before commenting on people’s credentials. He did his internship and was in Government service before entering politics.

            LIE No. 2: You say there was a request to discuss the economic plan. The TRUTH is the economic team of Sajith’s SJB that challenged AKD to bring the NPP economic team to debate on the Economic Plan. The NPP said: ” That debate must be between the two Presidential candidates”. Sajith P accepted this at a ceremony held in a school where he donated a “Smart TV”. After this NPP in writing scheduled the dates in May and Dr. Nalinda Jayathissa has sent it to SJB already.

            LIE No. 3. NPP never goes to answer all the YouTuber’s silly questions like what you publish in desperation. Please forward your questions directly to NPP in writing and post your letter in public through this forum.

            My friend: You suffer from JET lag. Please take a little rest and good sleep with nice dreams. We need your “Comody” play in this forum. Keep it up.

            • 0
              0

              D – He suffers from something much more sinister than jetlag – that’s for sure.

              • 0
                1

                LM: Thank you for providing the link.

                I am not sleeping, because I knew well you would provide another COMEDY.

                Please give me the next episode of your “Comedy” series

                By the way, did you send your “12” questions to NPP? Please remember to give your name, address, and contact (e-mail) to them for a reply.

                • 0
                  0

                  Douglas,
                  Even if you oppress me, you will not be able to shut down my rise. I fight for my fellow victims to the end.

                  one another link to guide you properly. I wish you would not shoot the messager…
                  .
                  https://www.quora.com/Can-an-M-B-B-S-use-the-Dr-prefix

                  I dont mind anyone even you wearing a Dr Title unnecessarily, but I just wanted to guide you the facts. However, your nature is beyond healing as I see it today.

      • 5
        2

        I think the SYSTEM difference is already overcome by JVP. Will our problems be cured by making JVP winners and making this country a slaughterhouse? Can anyone tell me what the JVP guys are good at? Except for the 89-92 style riots?

        They change their disguise and now try to be someone they are not. Our people were beaten by Gotabhaya once, are they misled by Vedabari Tarzans (incompetent theorists) again?

        I am sorry for Dr Harini Amarasooriya…. she could have continued as a senior lecturer.

        • 2
          3

          Just shut up about Harini, will you?
          .
          Have you ever met her? Spoken to her?
          .
          And her surname is spelt “Amarasuriya”.
          .
          Panini

          • 1
            0

            SM,
            Is “Amarasooriya” low- caste?

            • 1
              0

              oc
              Is not there is a general preference for Suriya among the K?

              • 0
                1

                SJ,
                I suspect there is some difference between Suriyas and Sooriyas.🙂

            • 0
              3

              I’m sorry, oc.
              .
              I’m not going to get drawn into discussions of caste and similar issues.
              .
              I was only pointing out that Harini, who knows English very well, spells her name differently.
              .
              The caste system is an anachronism, and it will disappear if it is not unnecessarily discussed.

            • 2
              0

              OC,
              Gone are the days when people followed lower castes or higher castes.
              I hated my father the manner how he treated estate workers.With 17 I left home for my own good.
              https://www.youtube.com/watch?v=ojqIAj-Xv5E&t=49s
              Dont you see, even RODIA people who is in high positions today, do not come under any criticism ?
              . Even if we believe that sinhalaya would never evolutionze, this makes us clear that they do

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              Old,

              Only Parai Demelos has the license to write the name “suriya” as “sooriya” as per UOJ Sadampi.

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            SM
            As usual your rhetoric is like that of a madman.

            – All this is not new to us. Months long you continued so. Please don’t restart it. Since LankaScot joined CT as a commenter, things are back to normal on CT. His comments, unlike yours, are often full of educational content. Nor does he try to stand out from his views.
            .To tell you the truth I usually come to read from LS, OC, SJ, MF and few others. I don’t see your DECORATED comments full of someone’s personal stuff.
            :
            I told you x times, please see what SJ and LS have to say about the topics. OC is well-red person. It may guide you to some extent.

            Wny do you think I should meet up Harini? I only find her thoughts are clean though sometimes naive. But she is unlike barbarians, speaks the truth.
            :

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          LM: Please don’t beat about the bush. Tell me – What is your solution for a change?

          Don’t feel sorry for anyone’s decision. Dr, Harini will decide her future as she likes.

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            Douglas the most naive man of the CT@

            I hope this will be posted before the comments be closed soon, that’s why I thought of posting a rush counter comment to your last one.

            However, I want LankaScot to answer about “unnecessarily wearing Dr. titles”. I have corresponded with many clinics, and they refuse to call them as doctor even if they are medical degree holders. This is the point. If you look before you stard barking, you will understand.
            :
            I don’t mind if you call anyone a doctor as long as you live in our motherland, but in Europe it works in accordance with certain legal guidelines.
            :
            Although I provided the link, you argue further not checking the facts….may be that has lot do so with your pathology. I dont think I can help you anymore.
            :
            In answer to the second question, how to implement “real change” could be through a commission of all good politicians, not limited to the 89-92 barbarians who took the lives of my best friends during that barbaric era. If the chance would be missed this time, there will be no return to normalcy.
            .
            A slum dweller, Ruchira doesn’t know the least about many things but trying mix it up.. is really annoying… Good luck to our motherland !

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    We are well and truly done …… Stick a fork in our ass and turn us over, we’re done……… What else in there to do?

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    It’s ALL a big farce – end of story.

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    It is all a big noisy FART, but no SHIT. has come out.

    An immediate surgery has to be performed before the patient breathes the last breath.

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      Douglas,
      never thought u would ✍️ this obscenely. Bandarawela man will go 😠 😡
      Take a good rest 😴

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        DearLM: “Obscenity” is subjective. Anything is “Obscene” to the “Obscene” mind.

        I don’t think you are of that grade. Try to be objective.

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    Thanks Douglas. I am a bit behind when it comes to current news in SL.

    I look forward to the debate & I hope it will be a well researched ‘grown up’ debate with facts & figures, not ‘pie in the sky’ promises. Also, an unbiased moderator is necessary to control the proceedings getting out of control with irrelevant responses. I would prefer if there is also a possibility for the UNP & other hopefuls to participate as well, as it would give a fair opportunity to all contenders a platform to address the public

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      Raj-UK. Thanks. I agree that we need a well-rounded Moderator to conduct this proposed debate. The subject matters need to be stipulated, such as the Economy, Political changes to Governing, data-based plans for the country, etc.

      I think these types of debates must be opened only to declared Presidential Candidates and not “Hopefuls” who have no registered political outfits with a voter base. I bet, there will be more than 50 “Hopefuls” in the upcoming Presidential election. Imagine, accommodating the “Hopefuls”? This is Sri Lanka and not UK.

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      Raj,
      it was SJB that first challenged for the debate between two experts pannels between them.
      :
      However, Sunil Handunetti interpreted it in favour of them. These men obviously dont bend to anyone to come to a consensus. should that be the prerequisite for the future rulers in this country ?
      https://www.youtube.com/watch?v=9Tq4qSXMtOg
      JVPrs took decades to get close to NPP. Also today, what NPP says is totally different from JVP babarians.
      How would they then rule this nation filled with heterogenous thought bearers ?

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        They cannot get on with anyone other than the NPP, let alone, they dream of bilateral and multilateral agreements with investor countries. how realistish it would be ?

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