20 May, 2022

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Time For Home-Grown Solutions Is Over; Seek International Support Immediately

By Harsha de Silva

Dr. Harsha de Silva MP

The country is in complete disarray today. Fuel is rationed at pumps, daily power cuts across the island, shortage of dollars to import essentials including medicine, food is to be rationed next.

Collapse is imminent if we continue to go this way, it is almost similar to a broken car rumbling before it completely comes to a halt.

The government has no idea what they are doing, on one side Finance Minister Basil Rajapaksa states that he is ready to engage with the debtors but on the other hand, the Governor of the Central Bank reiterates to international media that there is no need to engage with the IMF. Independent economists and the opposition have repeatedly stated that home-grown solutions will not fix this and we need to seek international support immediately. As far back as November 2020, in my response to the budget speech, I stated that we need to engage with the IMF, in order to restructure our debt due to artificially created problems. Beginning with the tax cuts that resulted in almost LKR 600 bn losses, followed by the ban of chemical fertilizer exacerbated our economic situation. In the 2019 December Article 4 report by the IMF, they highlighted that we had substantially recovered from the crash due to the 2018 Coup as well as the Easter Attacks in 2019, therefore our debt was still sustainable. However, they also stated that if drastic changes were made to our government policies, our debt would be unsustainable, as it is today.

At this juncture, even the IMF alone will not be able to solve this problem. There are 3 ways in which one can look at this type of crisis. First, one being if Sri Lanka’s debt was sustainable, we would not have to restructure our debt. We could have chosen to stabilize our macro-economy by bringing in crucial economic reforms while paying our debt. Secondly, in the case that our debt sustainability was uncertain, we could have opted for a light-restructuring or short-term reprofiling, at which we would put off our interest payments for a short time. In the third scenario, which I believe we are currently in, our debt would be deemed unsustainable, thus we will not be able to reprofile and would need to make drastic reforms as well as initiate a debt-restructuring program with our creditors. In this scenario, there are three types of debtors that we would need to engage with including; Senior creditors (World Bank, ADB, IMF), bilateral creditors (China, India, Japan, Paris Club) and private creditors (Insurance funds, hedge funds, mutual funds etc). We will not be able to initiate any debt-restructuring program with bilateral and private creditors without engaging with the IMF first and gaining their confidence.

The government’s reluctance to engage with the IMF is an ideological difference. Statements being made that the IMF will impose rules and regulations are unfounded. They will only agree or deny the working plan submitted by the government. If we don’t agree with the terms they propose, we should be able to present a better plan. It is almost similar to an individual seeking a loan from a bank. The bank manager will not give you the plan to pay off your loan, instead, they will review your finances and deem its feasibility. Moreover, the government’s reluctance also stems from the fact that they know the IMF will not approve their political program for local council elections. Initially, they tried to print money to fund their political activities, however, due to high inflation rates they are constrained. Subsequently, they decided to tax the EPF and ETF, in order to pump LKR 100 Bn to their local councillors but we were able to block that initiative. If they have a little bit of decency and sympathy for the people of this country, they would abandon this electioneering program and most importantly abandon corruption to save the little bit of money we have left!

On the 25th of February, the IMF will present their analysis on the Sri Lankan economy in Washington, DC. According to publicly available stats and figures of the government, we believe that our debt is unsustainable, thus no home-grown solution nor the tourists queuing up to get into bars in the South will be able to solve this. The shortage of dollars has resulted in a shortage of oil, which has translated into a power shortage. We cannot go on much longer, as these problems have also led to instability within the local banking system. A certain government minister has stated that we should establish a ‘Thel Potha’ similar to the ‘Hal Potha’, where are we heading without any sustainable solutions? We urge the government to present the IMF Article 4 report to Parliament and table it, in order for us to have a constructive debate and come to a working plan, regardless of political affiliations. Moreover, GSP+ may be in jeopardy as well due to actions taken by this government. The vital export sector is the only thing that is holding us above water. We have to go beyond political biases and find a solution to this economic mismanagement immediately.

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Latest comments

  • 14
    38

    Dr. Silva. It was your erstwhile leader Ranil Wickrmesinghe and his following of Foot Noters share a fair share of this catastrophic mess.

    • 31
      6

      Yes, many mistakes were made by the past leaders/rulers/governments …….. but those were mistakes of stupidity/inexperience/ideology/what-have-you ……….

      But that cannot be compared to the Rajapakses’ blatant/intentional looting of public wealth ……….. and the unprecedented corruption of all facets of governance, all the public institutions, judiciary, society, religion/Buddhism ……

      Don’t even try to equate/compare what happened before to what the Rajapakses have done!

      Have the honesty/courage to single out and lay the blame squarely on the Rajapakse clan for the present situation in the country ………. not the time to pussyfoot around …………

      Anyone care to argue? ……… Prove me wrong?

      • 6
        1

        Same with Tamil demands for Accountability and Justice. Time for home-grown solutions is over; Seek international support immediately. Similarly you have to go beyond political biases and find a solution to this ethnic mismanagement immediately.

      • 10
        0

        Rajapaksas are economic terrorists.
        .
        They have launched the worst kind of attack on our nation.
        .
        They have used their mandate to sabotage the economy, all allied aspects of production and tainted Buddhism as well.
        .
        They remind me of the worst of the worst of African leaders.
        .
        How can an entire family be so heartless?

        • 2
          4

          Dear Human Touch,
          .
          You pride yourself on all your thinking being logical, but see what a silly rhetorical question you’ve asked.
          .
          “How can an entire family be so heartless?” The fact that you have characterised them all as being (metaphorically) heartless proves that it is perfectly possible.
          .
          You’re so much concerned about Buddhism (a long time ago I gave up trying to properly understand even the Christianity that I was brainwashed into, for all that I like Quakerism) but you missed reading
          .
          https://www.colombotelegraph.com/index.php/buddhism-pure/
          .
          where a Tamil man has reviewed a book by Dr Palihakkara who held that re-incarnation is not an integral part of Gauthama’s teaching. I’ve subsequently sent you a PDF of the entire book.
          .
          I respect you immensely, especially because you hate the Sinhalayo-supremacist ideology so much, but don’t you realise that our logic often breaks down.
          .
          It does so, also, when you refuse to vote for the NPP (How often do you return to Lanka to vote?) because you see a few flaws in the thinking of some JVPers. First help them start administering the country, then correct the faults!
          .
          Panini

    • 11
      5

      hanchopancha,

      So, both Rajapaksas and Ranil have to share for these catastrophic mess of this island Unfortunately, they are well off economically and they are already secured their safety by surrendering this country to China, India and USA. What is the role of people in this mess? They say it is in the name of Lord Buddha and Sinhalese masses. do you agree?

      • 0
        0

        This comment was removed by a moderator because it didn’t abide by our Comment policy.

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        • 1
          0

          NP,
          thanks for making it short.
          .
          Time has come to marginalize you the kind of idiots.
          :
          Get well soon !

      • 11
        2

        Ranil is the God Son of the Rajapakshe Family.

    • 8
      6

      First we should be clear if so called bond scam was the truth/ and then we have to see it forward. .

      Just because whole lot of idiots painted the picture in favour of Rajapakshes come back by marginalizing UNPforeever/ why should we admit it?

      If they could extradite long sought/ Mig deal robber Udayanga BP Weerathunga / why cant very same govt bring Arjun Mahendran back to the country?.

      Is that not similar to Dr Safis saga on making infertile the srilanken women?.
      Real king of looters are the mlechcha Rajapakshe s nobody else/ that should now be crystal clear to entire world 😡😡🤔🐃🐃😶😶🙂🙂🐕😌

      • 10
        7

        LM, the bond scam, Shafi saga, Easter attack….and millions of other mud loads were well planned smear attacks on the yahapalanaya by these world class pirates to grab the power again, ably assisted by despicably rotten media channels such as Derana and Hiru. 6.9m Sri Lankans having zero IQ gulped down that dead rope and voted for the Oracle dream to make it the ‘wonder of Asia’ are now lining up for hours to get a gas cylinder or 30 litres of petrol or a loaf of bread while the man who pumped petrol in the USA for a living is running the country’s coffers is lining up in the lane towards New Delhi to get the next line of credit from India for Diesel!! How ironical!! Was it Chiv who called this silly lanka??

        • 4
          2

          Jit/
          Thank u once again for making my day🥰🥰🥰. I thought not a single commenter on this wonderful platform would read my mind so called Bond scam if that was the truth/ would medamulana high criminal s ever be so silent today? Truths will succeed sooner than later/ wait and see. We were born to a nation whose majority regardless of their educational levels behave no different to that Covid panacea maker Kaliamma – remote controlled Dhammika bandara ( or some who had the ability to send everyone utter fools. Many of them would line up to collect any dung rations if any son of abitch would loud about it through Derana/Hiru or any other Pachawahinis/ ratakata gita kala🤔🤔🤔🤔🤔🤔🤔🤔🐃🐃🐃🐃🐃🐃🐃🐃🐃🐃🐃🐃🐃🐃🐃🐃🐃🐃

      • 1
        0

        LM
        “They say actions speak louder than words”
        But when it comes to Sri Lanka and Sri Lankans, that doesn’t hold.
        The main issue here is that Sri Lankans lack perspective on most things.
        They don’t bother to evaluate issues logically, instead rely on what is being fed into their ears by the media.
        This is the crucial flaw that the Rajapaksas are able to exploit and manipulate people to support them in spite of their dreadful deeds.

    • 2
      9

      hanchopancha,
      .
      Dr Harsha de Silva was relatively junior in the UNP. For the record, it is true that, at age 57, he is not as young as he looks:
      .
      https://en.wikipedia.org/wiki/Harsha_de_Silva
      .
      Entering parliament in 2010 as a National List M.P. would have tied his hands somewhat. In 2015 he was elected for the Colombo District from the UNP, and in 2020 from the SJB. He was not in the Inner circle of Ranil’s aged lieutenants, and he rejected the guy in 2020. What has caused me some unease is that he is said to have stressed his “Sinhala-Buddhist” credentials at some campaign meeting. I have not heard the speech.
      .
      I’m grateful to Harsha for now guiding the thinking of the country on the right lines.
      .
      Charles Cooray, I know that you comment cleverly, with sufficient cunning to hide your motives.

    • 3
      0

      Don’t divert attention by saying “The other side is to blame too”. That may be, but this government was elected to put things right. Do you see any progress on that front? Nobody expects miracles but have we taken even baby steps towards achieving the “Vistas of Splendour and Prosperity” and the “Disciplined, virtuous and law abiding society” we were promised. There’s no point deflecting attention by whining about what the other side did in the past. We are holding this bunch to account and judging their performance. Which is abysmal, to say the least.

    • 2
      0

      Don’t divert attention by saying “The other side is to blame too”. That may be, but this government was elected to put things right. Do you see any progress on that front? Nobody expects miracles but have we taken even baby steps towards achieving the “Vistas of Splendour and Prosperity” and the “Disciplined, virtuous and law abiding society” we were promised. No. Instead we have taken giant steps backwards.
      There’s no point deflecting attention by whining about what the other side did in the past. That’s rather like a child who, when he is pulled up for wrong doing, points to the other child and says “but he did it too”.
      We are holding this bunch to account and judging their performance. Which is abysmal, to say the least.

    • 0
      0

      This comment was removed by a moderator because it didn’t abide by our Comment policy.

      For more detail see our Comment policy https://www.colombotelegraph.com/index.php/comments-policy-2

  • 18
    17

    Dr. Harsha: Just refer to your history of “Yahapalanaya” regime under Ranil W. There was no attempt to “Re-Structure” any of the Governmental affairs, but “Messed” it beginning with the “Assigning” of the Central Bank to Ranil W and appointing a “Rogue” as its Governor, even in the midst of objections from the President. You, being a “Specialist” in economic affairs kept mum not once but twice when the CB was “Robbed” twice in February and March of 2015. You know the main “Masterminds” who were involved in that “Great Robbery”. Weren’t you one of those “Foot Note Kalliya” who was “Instrumental” in “Defusing” the weight of that COPE report? If you and the “Foot Note Kalliya” did not exert, that “Heavy” pressure on the Cope Chairman, that “Report” would have publicly announced all involved, including Ranil W in that “Robbery”. So you too have “Skeletons” in your wardrobes and not a “White Lilly”.
    Having said all about your past performance, I agree that the country is in a “Bankruptcy” state that needs urgent attention by all, meaning the Governing bodies and the people. First, the Government must make n “HONEST” statement of the country’s “Financial/Economic” state as of date to the PEOPLE.

    • 20
      7

      Simon, compared to the governments run by CBK, Ranil and all Rajapaksa’s in the last 2 decades, Yahapalanaya was the least corrupt government of them all. I am no fan of Ranil nor Gamarala but I must say the truth as it is! Not only that, they introduced many progressive and democratic measures to strengthen our social fabric and to resurrect the economic front as well. Establishing independent commissions, RTI Commission, freedom of journalists, and much more. You calling the CB bond issue a “Great Robbery” just sounds like one came from Wimal Weeravansha in the “Mahinda Sulanga” (Winds of Mahinda) stage at Nugegoda. If you really want to find out what a “Great Robbery” looks like, then check Cabraal’s Greek Bond scam which caused 12b loss to the country! Old Codger has done an excellent analysis about that so called yahapalanaya ‘bond scam’ replying to Deepthi Silva. For your enlightenment read it here please:

      https://www.colombotelegraph.com/index.php/legitimate-criticism-mindless-opposition/comment-page-1/?unapproved=2422225&moderation-hash=9aecfbb72cd5a75e528ae819672b6be1#comment-2422225

      • 13
        4

        Jit /

        .”
        Yahapalanaya was the least corrupt government of them all”.

        .
        Just to say thank to u 😶😶😶😶😶😶😶😶😶😶

        • 2
          1

          Dear LM,
          .
          I’m not ashamed to say that I voted for Yahapalanaya, because they were, as you say, better than most other administrations.
          .
          However, overall, they were a disappointment. A few generations after us, history will distill a more holistic view.
          .
          I am now ashamed to say that I voted UNP in 1977. It’s best to be honest with ourselves and others.
          .
          I am voicing a friendly criticism of you when I say that you get side-tracked into these unnecessary evaluations. The way forward is what matters.
          .
          I’m confident that there’ll be next to no corruption if the NPP is able to set up an administration in ten years time. Ten years is a long time for an old geezer like me to contemplate. I’m likely to be pushing up the daisies. So, to keep your dear old friend, Panini Edirisinhe, happy, try to hurry up the process so that we see a change within three years.
          .
          Where appropriate, tell us also how Mad Putin’s actions have affected you guys in Europe.

      • 5
        3

        Jit: Thanks. How soon Sri Lankans forget and in my opinion it is “Endemic”.

        • 4
          3

          Simon,
          “How soon Sri Lankans forget and in my opinion it is “Endemic”.”
          That is a great statement of Sri Lankans!
          Fully agree with you.
          The issues confronting this country is multiplied, not due to political immaturity, more so by failing to remember events, occurrences and shortcomings in governance correctly!!
          No wonder, HE the President is befuddled as to the reason, ‘WHY PEOPLE WHO SAY, PROTEST, HOOT ETC., AT THE GOVERNMENT LEADERS, AND “REPEATEDLY ELECT THE PARTY, THAT WAS ONE BEFORE?” AFTER BEING DISSATISFIED WITH THEM, 5 YEARS BEFORE?’
          2 weeks is one too much of life span period for the people of Lanka to remember any episode.
          5 years is one too long and exasperates the condition beyond belief; amounts to National Tragedy??
          Perhaps, serious consideration be given to and change, constitution for parliamentary and Presidential election every 2 or maximum 2½ to 3 years!!!
          So that the people/voters will remember, whom, when, where, why they hooted and protested at when voting time comes around???!
          Poor souls, hope the amended constitution would recognise and incorporate this feature??
          Sure the incumbents would resent that suggestion!! Obvious reasons too.
          To protect their re-election to office and continue the sing song!!!

        • 6
          8

          Let us revisit the so called Bond Sacm:
          a group of people were given inside information that the bank actually needed borrow 10 billion instead of the 1 billion that was advertised.
          As a result 1 person who had prior information got 12% interest on his money, instead of the 10% interest that was offered to others.
          When you calculate 2% extra interest on 9 billion, it comes to 180 million rupees, that was like 1.2 million dollars.
          Let’s put that into perspective, the big deal was 10.5 million dollars, the big deal was one of the first scams and was probably the smallest. By 2015 Mara and co are recorded to have stolen 1.8 billion dollars.
          2019 to present is the worst, the economy has been brought to it’s knees, yet we continue to compare the so called bond scam.
          I hope my point about people lacking perspective is making sense now.

          • 1
            6

            HT
            Very well explained. I really can’t see why so many people don’t understand this simple arithmetic.
            Comparatively, according to COPE, Srilankan has been losing 18 billion a year. But who cares?

          • 2
            1

            “As a result 1 person who had prior information got 12% interest on his money, instead of the 10% interest that was offered to others.
            When you calculate 2% extra interest on 9 billion, it comes to 180 million rupees, that was like 1.2 million dollars.”

            Human Touch,

            You are making some sense ……… but who is the person who had 9 billion to lend to the government?

            I thought all the money came from the EPF.

            • 2
              4

              Nimal,
              It wasn’t the EPF. Aloysius took a loan of 10 billion from BOC (of whom he was a good customer) , bought the bonds on ìnside info from his father-in-law, and then sold them within 3 months for 14 billion and paid back BOC. So, his profit was 4 billion. The EPF was a big buyer, and will get 12% every year till 2045. Not a bad deal for them.

    • 9
      11

      Simon,
      “You, being a “Specialist” in economic affairs kept mum not once but twice when the CB was “Robbed” twice in February and March of 2015.”
      Would you care to explain further how much was robbed, by whom, and when? Also, if you borrow money from a moneylender, are you being “robbed”?
      I can see that you at least are not “a specialist in economic affairs”

      • 12
        6

        old codger: I do not want to waste time pouring water on a “Duck’s Back”.

        • 5
          8

          Simon,
          If you make allegations based on what you read in newspapers, at least don’t run away when you are asked for evidence. None of the people who talk about bond scams have any real numbers as evidence. Most even don’t know what a bond is.
          There is no cure for gullibility.

          • 3
            0

            OC,
            .
            Not long ago, Simon was in the view that he has prima facie evidence about bond scams.
            I wish I could get the links for the source.
            .
            I wonder what Dr Wijewardhana has to say on this today. He has not shared his honest view on the bond scam yet.

        • 2
          4

          Ah, there’s a convenient excuse, when asked for the facts!
          But harping about the Great Robbery (without providing facts) is not pouring water on a duck’s back???
          Hmmm….

          • 5
            0

            Dithers: So you want me to spell out all facts contained in the COPE report, Presidential Report, and the Forensic Report relating to the “Bond Scam” (the Great Robbery)? I am in no mood to write a “Book” (perhaps running to volumes) about that “Bond Scam”. Simply I would say it is a stinking mud hole.

            • 1
              3

              Simon,
              There is no need to write books. It’s a simple calculation which will fit well within 200 words. Go ahead.

      • 1
        6

        OC,
        “Also, if you borrow money from a moneylender, are you being “robbed?”
        The answer is a definitive NO.
        How could one rob you whilst lending you funds needed by you??
        However, (if) the lender demands a higher interest payment than that prevailed immediately prior to the event, for this ‘Bond’ than normal amount as per the market rates, YES a ‘perceived’ loss to bond issuer exists!!!
        However, that LOSS by CBSL or GAIN by Lender is to cover the cost (perhaps insurance/resale) of the Bond during that term of the Bond, which is inevitable in any case, not totally profit gained by Perpetual Treasuries in this transaction!!!
        It is the cost to immunise the risk, of lending to CBSL, with a tarnished credit worthiness!!!
        You are absolutely correct in your analysis, that it is the 3% additional interest duration of the Bond!!
        Who, Why, How and What caused that erosion of credibility is another matter and responsible for?!
        Your research on this final question would be as good as mine, but will never be admitted by the ‘so called’ do-gooder and ‘Messiah’, of the poor masses of SL!!!

        • 2
          7

          Mahila,
          Actually, the EPF made a good deal by buying those 12% bonds. It isn’t strange that the government is trying to get 25% off the EPF.
          I can’t understand why the EPF management wasn’t locked up with Aloysius. Can you?

    • 7
      8

      I thought simon or the like would see it beyond.
      .
      Looking even little ones see it today/ nobody else but fake public perception made by Rajapakse ballige puthas fooled entire nation incl u and ur kadamandiya folks/.
      .
      This should be clear to all today/ decent good governance was unable promoted what they achieved during the 1st 2 yrs/ until Sorysena was repeatedly raped by nation s curse one other than Mahinda. Medamulanaism exceeded and succeed ed their blatant lies as truths since kadamandiya like people are the majority in god punished our motherland.
      .
      If a bond scam created by RW led men/ please come with true evidence atleast today.
      .
      RW may be an idiot to punnaku eaters but he and CBK are the only leaders we and the world consider as cultured and decent to save the nation which is now reaching to a free fall by hour/.

      God bless srilanka 😌🐕🙂🐃🤔😡

      • 13
        6

        Dear LM: You say: ” RW may be an idiot………..but he and CBK are the only leaders and the world consider as cultured and decent to save the nation…………to a free fall by hour”. Well…… Well…. You are free to live with that thought.

        My assessment is different. If RW did what was expected of him, all these “BPs” you mention would be behind bars and we wouldn’t have to go through this agony to get rid of those “BPs”. There were 14 Presidential Commission reports that came out during “RW/MY3” and some of those “NAMED” Rajapakses to be prosecuted for “Fraud”, “Misuse” and “Waste” of public funds. What happened? The then Minister of Justice was expected to set up “Special Courts” to hear those cases. Nothing happened. I know RW’s track record from day one of his “Introduction” to politics by JRJ to continue with the family dynasty.

        My friend read the book “Chaura Rajina” (Bandit Queen) by Vivtor Ivon. You will know your “Icon” leader better. Your types suffer from an “Endemic” of “Slavery”.

        • 3
          1

          Simon,
          .
          Just becasue all others believe ” LE KIRIKARA DHUN AMMA – not mama glands but blood is according to them should be the main source for the production of human milk – people in our country would never stop believing in that myth. Likewise, People were made to believe that a bond scam was generated by RW-MS govt. But the truth is, MR-Cabral were the architects of that huge fraud long time ago, according to MY3 it should be since 2008. To our information, AM, the former SLCB govenor had no such blemishes in his CV before he started working to MS-RW govt.

          ” There were 14 Presidential Commission reports that came out during “RW/MY3” and some of those “NAMED” Rajapakses to be prosecuted for “Fraud”, “Misuse” and “Waste” of public funds”. It was MY3 who never allowed it to release. He singlehandedly protected Medamulana dogs. Remember, how they never allowed that Shiranthi to face interogations in terms that brutal murder of Thadjudeen. However, srilanken press too painted the picture all along in favour of medamulana thirisannu.

          MY3 was made to be servile to Rajapakshes for some hidden agendas. If MY3 did his job respecting the promises made to late Rev Sobitha Thero and us, things would not have ended up this way.

          • 3
            0

            Continued.

            Then the country would not have faced any kind of economic problems. Entire world would have supported giving a credit MY3:: I still remember how european govt praised MY3-RW govt at the beginning. For sure, they would have supported rebuilding our nation if MY3 did the job well. Even if PM s powers were strenghthened by 19A, truth was that MY3 took the final deicsions. There were leaks of inside info, that MY3 had no knowledge to understand even thrivial things in that govt. He just enjoyed his presidency from the day one. This is common to any country where the kind of leaders emerged.
            .
            Besides, Grand coalition govts would not last long in developing countries. Please check the information on the for your own clarity. Nobody but Sirisena was the root cause for the untergang of the former govt not RW. Whoever whatever being said and done today, it was Sorysena who returned to the lap of MAIFIA BOSS. UNP govt did not reveal the truth about the danger before the nation, though they were well aware of the facts – since Medamulana meeharakasa looted it to the core by the dawn of 2015. Going back to the days how Mahinda Meeharaka how he travelled around the globe by filling 200-300 of his men to the US and Italy , not even people ever thought, that such loads of passengers would cause unestimable wastes to a state.

      • 5
        1

        LM
        How do you want people to explain what they cannot understand?
        It is what they have been told that they keep repeating, without putting it into perspective.
        To put something into perspective, one needs to think rationally.
        Rational thinking is a handicap that most sri Lankans are faced with.
        Otherwise do you think the Rajapaksas could be in power?

    • 2
      2

      Dear Simon,
      .
      It is good to be honest, and tell off the rogues. However, we must beware of “scoring own goals’. You don’t usually do that, but don’t you do that here? Not only with Harsha, but also when you turn oc into a “duck”!
      .
      In that context, please see what I have told “hanchopancha” above.
      .
      Harsha has abjured his past omissions; It’s not as though he was himself a Bank Robber. I will accept a plea for mercy even from such a robber if he does two things:
      .
      1. Repents sincerely of his crime. (Problem: how to examine a guys heart!)
      .
      2. Restores all the fruit of his crime. Well, that may be difficult if the loot has been squandered by others. He must, at least be not enjoying such fruit now.
      .
      Do you see how difficult it is to speak without using metaphorical language.
      .
      We have before us the relatively easy task of persuading your “Unawatuna kadamandiya types” and my “Bandarawela kadamandiya” types to abandon the “20% Kaputas”. To get the NPP elected is going to be immensely more difficult.
      .
      Panini Edirisinhe

      • 3
        1

        Sinhala-Man: Thank you. I have spoken straight and loud of all those “Leaders” and their “Political” outfits’ “FAILURES” that all refer to “74 Years” of disaster brought to the Country and its People. Don’t we agree on that? Do we want to talk any more of them (in bits and pieces of “Good” work they have done) other than to “KICK” them out of politics? Haven’t we tried them “Over and Over”? Enough is Enough.

        The “Leaders” I refer to all who were and are responsible from 1948 to date. Ironically, “They” and their “Henchmen” too agree, of course in passing remarks and agreements when cornered. But, at the same time, there are some with “Hidden Agenda” who would openly speak of “BPs” with the ulterior motives of “Hisa Radeta Kotta Maru” (Changing the pillow to cure the headache). That I don’t agree and condone at all. To them my comments are “Shortened” to a few words.

  • 16
    0

    Dear Hon.Harsha
    Yes, the time is running out for Sri Lanka big time, but we can’t see the authorise taking any corrective actions to date. Yes, it’s a lost cause but cannot go for ever.
    IMF intervention alone cannot solve all our woes
    What the needs is major overhaul and a master plan

  • 10
    1

    Why is the Governor of The Central Bank funking to go to the IMF?
    There is something more to this than meets the eye…………..
    Is he waiting for orders to print Dollars to solve the whole bloody crisis?!………………..

  • 4
    11

    Install the JVP-NPP; get the IMF. They will work on 80% home-grown solution + 20% on global supply chain solution. Only the JVP-NPP technique has the capability of activating the 80% home-grown solution. Very profitable for IMF investors.

    • 4
      0

      RTF, do you really know what you’re talking about?? Will JVP-NPP go to IMF for a ‘home grown’ solution? I thought they are dead against IMF, World Bank etc!!

      • 2
        0

        That’s not very clear, is it Jit? One one hand, might see an aversion by them, to all things of Western capitalistic banking. On the other hand, socialism is not the same as it was in the 1900’s. Even Communist Russia uses IMF to develop its communist system.

      • 1
        0

        Jit,
        .
        The JVP has hardcore Marxists who may not be keen on the IMF and the World Bank. How much does either of us know about Marxism. As for as I’m aware, those institutions were not around at the time Karl Marx was alive.
        .
        https://en.wikipedia.org/wiki/Karl_Marx
        .
        Normally, Wikipedia entries are of readable length; but that one is too daunting to even start on. Let’s try not to aim at knowing everything that modern technology gives us access to. I’m sure that you still remember what I unearthed for you on Sir John (and even what got said about Dudley.).
        .
        For NPP thinking I “also” read and listen to Kumar David and Harini Amarasuriya who are not members of the JVP. They have been talking about the need to work with the currently prevailing world order.
        .
        And you’ve got “work to do” here:
        .
        https://www.colombotelegraph.com/index.php/w-a-wijewardena-19-february-2022/
        .
        But I would urge LM & you to workout whether the results produced are commensurate with the effort put in.

        • 4
          0

          Panini, No need to dig deep into Marxism. JVP in the history was dead against WB/IMF. It is only for the JVP to clear that a future ‘NPP government with the fullest backing from JVP’ WILL NOT OPPOSE going to WB/IMF to resurrect the SL economy. Simple as that !!

  • 10
    1

    Dr. Harsha de Silva MP,

    Where has all your training gone? …….. Charlie Munger says learn to think in reverse/opposite ………..

    Try to imagine what the Rajapakses would have done if they were in the opposition now ………. would they have given honest practical solutions like what you are attempting now? Even if they wanted, they wouldn’t have had clue about economics!

    That’s not how you convince a majority of Lankans and win power.

    Have the biggest “Sinhalese Buddhist” circus …….. harp on saving/protecting and enhancing (whatever that is!) “Sinhala Buddhism” ……… your leader ol’ Premadasa Jnr is well adapt at it ……….

    Then even if you sell half the country to the “Communist” China and the other half to Hindu/Muslim India, people still believe you are saving/protecting and enhancing (whatever that is!) “Sinhala Buddhism.”

    It’s a magic trick done with smoke and mirrors ……….. not with sound practical economics …………..

    • 8
      1

      continued


      Gotta merge/combine the queues lining up for gas/bread/milk-powder/basic-necessities ………. with the queue lined-up for saving “Sinhala Buddhism.”

      Then people will undergo any hardship/misery without question/complain. It’s all for a higher purpose!


      Looking down, Buddha is out-somersaulting Nadia Comăneci ………. 11/10

      Only in the sunny isle of paradise!

      Someday I’m gonna sit down and write a book ………..

      • 2
        9

        NF,
        “…with the queue lined-up for saving “Sinhala Buddhism.”
        —-
        There is no such thing as ‘Sinhala Buddhism’. This is a term coined by anti-Sinhala Buddhist mafia to ridicule Sinhalayo who follow the teachings of Siddhartha Gautama. ‘Political Buddhism’ is another such term used by some non-Buddhists in this forum.

        • 3
          1

          EE,
          Edifying indeed!
          What a world and a circus??!!

          • 1
            0

            EE and edifying….. my foot.
            .
            The kind of men would end up in hell for sure. EE will land there, his neighbour will be Mahinda Rajakshe the nation s thakkadiya.

        • 2
          0

          “Sinhalayo who follow the teachings of Siddhartha Gautama.”

          EE,

          “Looking down, Buddha is out-somersaulting Nadia Comăneci ………. 11/10”

          Pre-empted! ………. Once again!


          I’m a better Buddhist than 99.99% of Lankans who call themselves Buddhists ………… and I don’t even know what Buddha’s teaching are!!!

          Crazy but true! ……….. That’s the topsy-turvy nature of the brand of “Buddhism” “practiced” in Lanka ……………..

        • 2
          0

          Eagle,

          There is no such thing as ‘Sinhala Buddhism’.”
          Of course there is.
          The main tenets are:
          Build concrete Buddhas at every junction.
          Worship trees
          Worship fake relics
          Pull snakes out of rivers with more relics
          Shoot the PM if you don’t like him.
          Claim that ignorant monks can advise the state.

          Real Buddhism does none of the above.

        • 4
          0

          Sinhala buddhism and Medamulanaism are similar terms to Rajapakse mlechcha politics. People should stand against them atleast today. While all other neighbouring countries to improve their foreign reserves but srilankens to fall that deep is becoming the mismanagement of the current men in every forms.
          .
          They dont care at all about the grievances/truths of the suffering majority in this country..Main stream media would never allow truths be outreached to the masses🐃🐃🐃. Fake public perception misleads the entire nation again and again.
          🐃🤔😡

        • 2
          1

          EE,
          Good Morning.
          “There is no such thing as ‘Sinhala Buddhism’. This is a term coined by anti-Sinhala Buddhist mafia to ridicule Sinhalayo who follow the teachings of Siddhartha Gautama”
          1. ‘There is no such thing as ‘Sinhala Buddhism’
          2. Buddhism has so many ethnicity groups as its followers. E.g., Vietnamese, Chinese, Japanese, Laotians, Cambodians etc., and even in the western countries as it is a widespread religion since 2500 years ago and spread worldwide’
          3. Sri Lanka (SL) has Muslims, Tamil Hindus/Christians, Sinhala Christian and Buddhist!
          4. In SL, Buddhism is predominantly (non-exclusively), followed by ethnic Sinhalese as at date!!
          5. They are categorised as Sinhala Buddhists (SB), thus differentiating them from other major SL Sinhalese category, Christians – SC (Catholics, Anglicans, Methodist etc.,) included therein.
          6. Therefore there is a category of Sri Lankans called Sinhala Buddhist (SB) in existence!!!
          Therefore the Claim as to the non-existence of a category as “Sinhala Buddhism” is baseless!
          Regarding the existence of ‘anti-Sinhala Buddhist mafia’ (ASBM), if true, my humble understanding is that, ASBM cannot exist in isolation!!!
          Non-Starter!!!!
          Q. E. D.

          • 1
            0

            Mahila

            “4. In SL, Buddhism is predominantly (non-exclusively), followed by ethnic Sinhalese as at date!!
            5. They are categorised as Sinhala Buddhists (SB), ……..”


            Sinhala/Buddhists or Sinhala/Buddhism are narrowly defined political identities concocted by public racist Anagarika Homeless Dharmapala.

            Every Sinhalese or Buddhists ought to be ashamed of what is happening in the name of Sinhala/Buddhism. Fascist, Ethnic cleansers, war criminals, crooks, murderers, fraudsters, ….. conveniently found Sinhala/Buddhism a good place to hide. Nobody dares take them to courts or charge them with committing crimes.

            I suggest we start working to liberate Sinhalese from Sinhala/Buddhists and Buddhists from Sinhala/Buddhism.

    • 12
      0

      nimal fernando


      “would they have given honest practical solutions like what you are attempting now?”

      The clan has a deeply entrenched network of loyal supporters in every ministry, police force, armed forces Unis Vihares, …. who benefited between 2005 and 2015. Among them you find specialist practitioners of dark art of public relations. Those spin doctors will do the selective leaking to ruin the government of the day.

      Last time when Mahinda was in opposition the state became ungovernable as almost half of the opposition was sitting in the cabinet. Remember Mahinda’s failed coup, how it was organised, …. state was not functioning, the functionaries of the state didn’t want to go against Mahinda lot in case if they come back, … .. Even now the state is continued to be paralised.

      To answer your question, no they have no desire to better the people’s life. They are focused only on clan’s interest.

      One more thing, Gota was expected to use his iron fist (with the blessing of Sangha) it didn’t happen. Man proved to be the most ineffective leader. However he hides himself and his abysmal performance by visiting Sinhala/Buddhist Vihares often and constantly reciting the following mantra:
      This is a Sinhala/Buddhist Country.
      I am a Sinhala/Buddhist.

      • 2
        0

        “….The clan has a deeply entrenched network of loyal supporters in every ministry, police force, armed forces Unis Vihares, …”
        “….Remember Mahinda’s failed coup, how it was organised, …. state was not functioning, the functionaries of the state didn’t want to go against Mahinda lot in case if they come back….”

        So true NV! The deeper you dig into this R mafia, the scarier you get about it all, which has tentacles all over….There are thousands of their fellows in all nerve centres of government administration, media and forces to a level never seen before. Either they are on their payroll or being given lucrative contracts, so all are well looked after hence dont want to work for anyone else! It would be a herculean task for any government other than these rogues, to run the country in the future, with these moles planted right throughout the governance machinery.

    • 14
      0

      Nimal,
      It’s so easy to fool Sri Lankans. While they are being robbed blind, show them some fancy highways, bridges, towers, ports, and they’ll forget that only one family is getting rich. Start riots against Muslims, stage fake LTTE attacks, and nobody will notice that WhatsApp users are being locked up as terrorists.
      And of course, Sri Lankans believe that any charlatan with a “doctor” in his name, or wearing a yellow robe, or come to think of it, a Cardinal’s hat, is beyond criticism.

      • 0
        0

        Native & OC,

        Economic hardship is a good panacea for all the chicanery !

        I don’t see anyone around other than Ranil who can fix it. …….. It’s not blind faith in a personality (which I don’t much like) ………. but in a guy who has “been there, done that” ……… reduced prices and increased salaries twice and kept it from start to finish of his tenure ……..

        Rajapakses could play their crafty chicanery and come to power twice, because of the rescued and humming economy of Ranil ………. now the Rajapakses and their clowns are running around like The Three Stooges; crabs in a pot ……….. great comedy, if not great economics!

        I’m sitting here, enjoying it all: laughing my head off ………..great entertainment in a bleak world …………

        • 2
          2

          This is what I suspect ……… there are some “economists” in Rajapakses’ favour who have watched Trump/America closely ……… monkey-see/monkey-do

          As soon as Trump came to power he gave a massive tax cut to big corporations and the wealthy ……… which gave a slight sugar-hit to the economy …….. but most of that money went, not to increase productivity, but into corporate share buybacks …….

          As soon as the Rajapakses came to power, they gave a massive tax cut to their wealthy cronies …….. which only reduced the tax inflow to government coffers …… did nothing for the economy: perhaps went mostly into “conspicuous consumption” of the cronies/wealthy

          AOC and the lunatic-fringe are great fans of MMT ………. printing money to spend for worthy causes ……… America can do it: they have the world reserve currency.

          Watching America, SL “economists” enthusiastically embraced MMT and printed money to kingdom-come ………. the Lankan Rupee, is not the reserve currency even of Lanka!


          A tie & coat and “economic speak” and blind mimicry …….. do not an economist make ………. :))

          btw ……. China has some brilliant economists who watch and learn: they know their onions ………… the proof of the pudding is in the eating ……. look where China is now …………

      • 3
        0

        Oc/
        .
        They the majority dont care about the truth so long biased media giant dont let truths be passed to the very people.
        .
        In fact Adisabeba to Abuja across poor African continent/ high ways are being built by so called Chinese development injection. We already enjoyed tram cars those days but today Ethiopia s big cities are introduced with sophisticated trams. Their high way networks are much bigger than the total road and development in our dollar begging nation. 🤔🐃🤔🐃🤔🐃🤔🐃🤔

  • 3
    3

    There was a time many people didn’t have any idea that all parties that ruled the
    country since independence , are responsible for today’s economic troubles . None of
    them had a clear vision about impending destructions , be it economic , cultural
    civilizational , educational , agricultural or even industrial etc ; when they focussed
    only on their Political Survival and made it the Top Most priority ! They were just
    Horse running ! No point in blame games , blame games are again only a guarantee
    that ” the situation will never change.” We have seen all “Pundits” only when they
    are kicked out of their seats and again in their Greed to get back to their Lost Seat !
    At this rate , to completely destroy what is left behind (even the ruins) , they won’t
    take long and the best joke is , people like Harsha still maintaining “we can fix it.”
    Please tell us How ! And one condition ! No more burdens on the masses , tell us
    about your sacrifices by examples !

    • 6
      7

      whywhy,
      “…people like Harsha still maintaining “we can fix it.”

      This is a statement Harsha kept on repeating before 2015 election. They fixed the economy by reducing GDP growth that was around 6% when they came to power to 2.3%. He also said foreign investors are waiting in the queue to come to Sri Lanka after they come to power. He said a system from Singapore will be introduced to make SOEs profitable.
      This guy is NATO (No Action Talk Only).

      • 1
        0

        Eagle Eye ,
        Hi E E , thanks for your attention after quite some time . We have come a
        long way , observing , comparing and at times participating directly or
        indirectly in our politics by saying yes or no to one side or the other . And
        with our yes and no , knowingly or unknowingly we have been made to
        watch where we are standing today . I remember once W Dahanayake
        in his speech at a public gathering soon after Dudley formed his govt , said ,
        ” finance minister keeps jiggling the ‘Till’ in vain , there’s no money in it ,
        meaning treasury is empty ! This was back in 1965 . And what are we
        saying today 2022 ? Same thing louder and louder , over not only in the
        press but also the Internet , Utube , local and International Tvs ! Many
        generations came and went in between but this Stinking and Filthy Begger
        Politics roam the streets unchallenged with different names but with the
        same faces ! Are we not ashamed of voicing for them any longer ? Can we
        change ourselves or not ? At least to ignore these guys as a first step !

        • 1
          0

          My full text is missing here for some reason I suppose ! Not that much
          but a vital part to get my write up some weight . I wrote about a
          cabinet minister not paying the electricity bill amounting to millions
          since 2015 , it is his ministry residence bill comparing to an ordinary
          not paying his bill amounting to just a couple of hundreds and the
          consequences , thus questioning the validity of one country one law !
          And how Gandhi and Nehru were called fondly decades ago by school
          children and how those children call them today as grown ups ! The
          reality of politics , ours and those of our neighbours ! Not my
          imaginations , picked up from other sources to add a point !

  • 17
    12

    Dr. Harsha de Silva

    1) Dr. Harsha de Silva’s obvious embarrassment https://www.youtube.com/watch?v=hL0p8o580K4 (21:26:23 onwards) can be gauged in his response to a question from a journalist on his controversial ‘FOOTNOTES’ on the Bond Scam.

    2) There is no better example of BROKEN Yahapalana promises than the outrage of Dr. Harsha de Silva and Eran Wickramaratne at a press conference in the run-up to the 2015 presidential election on ‘Casino, Drug & Ethanol Mafias’ https://www.youtube.com/watch?v=_FkVBvpBEMY
    (11:15 onwards). They are projected as the economic ‘brain trust’ of the SJB.

    3) This outrage did not prevent the Yahapalana government in which these two gentlemen figured prominently to propose DUBIOUS FDI projects such as the “$ 3.85 billion oil refinery in Hambantota” and the 2017 Volkswagen vehicle assembly plant in Kuliyapitiya which turned out to be a hoax.

    4) If Dr. de Silva CANNOT explain himself on this, has he the moral authority to seek votes?

  • 12
    1

    Harsha, I simply cannot believe what you doing!! Do you really know the role of the opposition?? Why bother teaching a world class rogues how to run the economy? Why try to help them to keep them afloat?? Isn’t your prime obligation to mobilize the people against this utterly corrupt and rogue government? Isn’t your duty to tell your current back-boneless leader to organize well and politically attack these world class pirates?? And give him advises how to do that and win elections?? Instead why you trying to be an ‘Advisor’ to this treacherous government? Aren’t you an utterly failed opposition politician too??

    • 3
      2

      Jit, you’re basically right.
      .
      However, we must do what we can to keep the country afloat. So, when we’re asked by some government rascal to keep Air Conditioners off (I don’t have need of them at an elevation of 4,000 feet.), I don’t think that we should spite our noses.
      .
      What I’m hoping is that people like Harsha will be able to have a worthier leader than Sajith Premadasa. What I’m really hoping is that there will be a way in which the NPP will accommodate them in their “Organisation”.
      .
      We don’t decide that; the leadership of the NPP must make those decisions, but always also with an eye on what will be go down well with “the electorate as a whole” who, as has been agreed by Mahila, Simon and you are “endemically limited”. I’m tired, man; I hope you get my meaning.
      .
      One has to be “realistic“, without compromising on the handful of principles which we consider sacred.

      • 3
        1

        Pani, you always mock me for admiring Dudley et al…..pre 1970s. But I cannot help it, because that is the political dream I’m still having for SL, however unrealistic it may sounds! Particularly compared to the unbearable stench coming out of our political scene today! In that scenario, people like Harsha are just useless and time wasters because what we really need today are strong politicians with strong backbones to attack this rogue family, educate idiot voters and execute a ‘way forward’ plan to recapture the lost democracy and economic stability!! Not bana preaching lame backboneless politicians like Harsha!!

        • 2
          0

          Dear Jit,
          .
          There’s something hybrid about your comment. It sounds somewhat grumpy and complaining, but I think that it shows that you have a sense of humour as well.
          .
          No, no! Your memory serves you ill! I started off by saying that Dudley was an admirable guy, and that I had even met him. I haven’t met Harsha (more in a later comment).
          .
          However, SJ later reminded us that it was Dudley who who introduced four Poya Holidays per month (some months had five), and a holiday on the day preceding that which some referred to as the “Free Poya Day”. An annoying metathesis.
          .
          He also referred to how bus seats were reserved for monks, but not for the aged and infirm and “pregnant mothers”. May I now ask why “women” is considered an impolite word?
          .
          Jit, in places I attempt banter with you (it doesn’t usually come off as well as nimal fernando’s does), but I respect you greatly because I feel that you’ve been honest enough to modify some of your views.

          • 3
            1

            Panini, you repeatedly remind the Poya holidays and clergy seats in buses as Dudley’s main failures? Was that a despicable crime?? Compare that with what he gave back to the country, particularly in massive irrigation projects such as Uda Walave, Kanthale and Nagadeepa! He was such a simple man who roamed most villages clad in a bush shirt and a trouser shooting photos with no security guards around. He was famous to sit on the (then) short wall of Araliya Abode clad in a sarong and watching Vesak perahara that was proceeding on the Galle Road. Dudley, the 5 times Prime Minister of Sri Lanka died in 1973 with just Rs 450 in his bank account and just 5 shirts/ 5 trousers in his wardrobe plus a Pentax camera and 2 film rolls. I am still gobsmacked in 2022, when trying to fathom whether that happened ever in Sri Lanka?? 1970 or the year he was unseated was the watershed year that Sri Lanka lost all clean politicians who spent their family silver and became paupers while trying to serve the people. Everyone after 1970 either did not lose their money on politics or made m/billions out of politics!

            • 2
              0

              Jit,
              .
              It was not me who talked about the very little faults that Dudley had. It was SJ.
              .
              Please check – it’s not always easy to do that, I admit. One can’t usually remember where one said what.
              .
              Initially I agreed whole-heartedly with you that Dudley was a decent guy. You didn’t realise that many of the “walauwwa-type” politicians were horrible, but we don’t know all the details. I agree that delving into their personal lives is sleaze. However, Dudley was probably unsuited for the corrupt world of our politics. His father possibly did wrong in pushing him into the Prime Ministership. See how many times poor Dudley gave up, and then came back, because he was a likable guy.
              .
              However, those Poya Holidays were a biggish mistake; today, with more international trade they’d be disastrous!
              .
              Jit, my attitude to both Dudley and you is essentially positive.
              .
              Panini

              • 0
                0

                Panini, thanks for your kind words!! :)
                So it squares off between us on Dudley………….
                Other facts you have made in the next comment, mainly on 70 – 77 period are fairly reasonable. I was a kid in those years but my somewhat expanded knowledge on the 60/70s politics in Ceylon was consequent to a socio-economic research I did with a group for my masters in mid 90s. Most facts I gathered through archives and uni libraries at that time were richly augmented with very illustrious narratives by one of my beloved uncles who was a senior govt servant and resigned in the mid 70s refusing to follow illegal orders given by his minister. My father had added similar stories too and I am fortunate to acquire a reasonable level of awareness about 1970s which I consider a watershed era in our sociopolitical history. The golden opportunity of reversing the damage done by 70-77 UF government to our democracy and ethical governance was not only hurled away like a hot potato by JRJ later, but made it even worse come 1977!

            • 2
              0

              Jit,
              .
              I’m making this a separate comment because this is a different observation.
              .
              We’ll have to discuss 1970 to 1977 contra-distinctively. That’s where the difference in age between you and me matters. You’re guided mainly by your memory (and so am I, may be).
              .
              It was an uneasy coalition. They had won handsomely, first-past-the post (study that system) owing to promising so much to the JVP – and those guys revolted in 1971. The UNP-types enthusiastically crushed the JVP. Dudley was still an M.P. but didn’t matter much. Please study this carefully:
              .
              https://en.wikipedia.org/wiki/Dudley_Senanayake
              .
              Sirima and Felix were powerful, and became more so after 1975. But they weren’t exactly corrupt. The Old left were people of calibre who had outlasted their use, and were hated by the then underground JVP.
              .
              Then came Tricky-Dick; I voted for the fellow in 1977, thinking that I was bringing back old values!
              .
              How wrong! Now think seriously about voting for the JVP that has reformed (but dare not say it for other reasons) into the NPP.
              .
              Upto you my boy!

    • 1
      3

      Jit: You said: ” I simply cannot understand what you are doing”. I said the same to Dr. Harsha when he was in “Yahapalanaya” with Rani and MY3.

      He is a young, intelligent, and promising young politician who didn’t and still doesn’t know to select his “Leader”. There are many more of his caliber who cannot perform mainly due to the “Hypocritical” behavior of their leader/leaders. Isn’t it time for them to realize this “Treacherous” situation and form a “Movement” that “Does what it says” and “Says what it does”? It was in that spirit, I commented on Dr. Harsha’s behavior during “Yahapalanaya”. Still, I say Dr. Harsha is in the wrong “Camp” with a wrong “Leader”.

      • 4
        0

        Simon, I know we have fundamental differences about the way we look at Yahapalanaya. I don’t bash you for that for it is your political freedom, but I firmly believe it was the least corrupt and most democratically progressive government we had for the last 2 decades despite having some hiccups. However, I do agree 101% with you about what you had commented about Ranil in another comment, that he despicably protected this most notorious rogue family in our political history, by not punishing them properly for the unbelievable level of corruption they indulged in 9 years which is the only reason why the country is in its current bankrupted position. I have zero faith in him to be frank! To me, Harsha is also an absolute ‘political patholaya’ no good, no bad type! He may be a good person but at a time we all should get together to kick this bloody rogue family entirely out of our political scene, what good is he doing!!!??? He bloody advises the R gang how to run the economy!! Can you believe that???

      • 2
        1

        Simon, why do you flatter Harsha?
        .
        Young?
        .
        The guy is 57! Check on it yourself.
        .
        https://en.wikipedia.org/wiki/Harsha_de_Silva
        .
        However, it is true that he looks enviably young. You’re not the first guy whom I’ve had to correct. I have listened to him a good deal on the Internet (I actually own a T.V. which works), and I think him knowledgeable, but in an area where I know little. And I’ve heard others speak of him.

  • 5
    4

    The entire Sinhala SLPP/SLFP/UNP et el political class are corrupt.They are in each others pocket , on political stage they shout at each other and criticise each other. During the “Yahapalanaya” govt they could have expose the corruption of the Rajapaksa’s. But they could not as they themselves were corrupt. Even the younger generation of politicians waiting i the wings are stupid and corrupt . They are waiting for their turn to swindle.

    No Hope !

  • 9
    6

    Harsha is “GLP in Progress”. Just now he is learning to party hopping. Soon he will form a Slap Party exclusively for Ranil, like Dr. Jeyampathy and Sumanthiran PC did in 19A, for Ranil’s own use.
    This guy played a major roll in UNHRC to save Old Rowdy King, in the Peer evaluation in 2017. Ranil replaced Mangala with this guy because Ranil suspected Mangala was working with US Secretary, John Kerry. Ranil did know Mangala was a liar. How easily this guy is now twisting his tongue that “time is over for local solution”. All are cunning, stealthy Nariyas. All these UNP_SLFP crooks should be send to Siberia, in time, so Putin can use them as cannon fodder in the Ukraine war.

  • 7
    12

    So the quater brain bone head Kaputa Kaak Kaak Finance minister knows how to fix this and Dr Harsha is an idiot according to some of the posts. Oh and Ranil made mistakes and absolutely must be also be blamed. Let me tell you some truths you do not want to hear. This crisis has nothing to do with Yahapalana government. The nastiness toward Dr Harsha is amazing Amrit!!. This crisis is entirely at the door step and 100% to be blamed on the Mahinda, Gotler and their band of thugs who have looted this country and brought it to its knees. Like some one said the other day you who wish to sling mud at probably the most qualified economist in this shit hole of a country while still praising the Rajapkshes need to get a DNA test. You maybe actually buffaloes and not humans. The bulk of the loans commercial and other wise are ones made by Mahinda the greedy bastard during his tenure. A measly 5% of the borrowings were made during the Yahapalana government. 14% is what ALL the other previous governments borrowed going back to 1948. One small point to Amrit, who cancelled the Tech city project in Homagama?? No one will invest is a land run by imbeciles and crooks also suspected of wholesale slaughter of innocents on Easter Sunday and a wholesale cover up.

  • 5
    9

    The Katin Bathala Brigade . is on TV every day . When they were in power these clowns did nothing. I shudder to think what would happen if these fools were in power.

    • 7
      1

      Katin Bathala was the motto of MEDAMULANISM.
      .
      You the kind of majority ballige puthas would respect medamulan animals further, but not a single person among us would want them to lead us as a nation. We warned nation, Rajapakshes animals would not prosper but they would ruin the nation, within shorter period of time, that your eyes believe it today. Truths will succeed and the nation cant be saved without the mediation of CBK and RW next. Latter are the world recognized leaders that could bring more dollars into the country as CBK s srilanken airlines with Emirates proved until 2005. People should see it right at least today, that Rajapakshes are just jokers to the eyes of the little ones but not to PINGONNU of your nature.
      :
      It is high time to execute the Rajapakshes for self created mess. Then only people s pain would be relieved…

    • 7
      1

      “…I shudder to think what would happen if these fools were in power….”

      They certainly wouldn’t have borrowed from the Bangladesh!!

      [and DEFAULTED the repayment!!!]

      “Dan shapada” a14455!!!!!!!!!!!!!!!!!!!!?????????????????

      • 0
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        • 2
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          a 14455

          thanks for making it short.
          :
          Get well soon !

    • 7
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      A14455,
      “what would happen if these fools were in power.”
      Well, the fact is that they aren’t. Are you describing the present set as geniuses? Ah yes, in your opinion everything is due to the pandemic, right? If so, why aren’t the Pakistani, Indian, and Bangladeshi finance ministers begging in Colombo? And how come all these places can export food to SL?
      Some may be selectively blind, as you keep repeating. But total blindness is worse.

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      Certainly better outcome than present governance!!!

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        Mahila,
        .
        Truth is, they srilanken media dont let TRUTH be outreached to the masses.
        :
        Alfa Animals produced by DA Rajapkshes are close to mediocre than to any others, so transporting the message across the island nation is hitherto successful.
        .
        And yellow pets are always on their side. As you know YELLO pets are no different to common birds being found in srilanka – CROWs.

        We are compelled to see today, that not even BOLD headed but also ones with tatoos, with hair on their heads similar to lay people are becoming more. Like is the case in some parts of Thailand, they would let SRILANKEN monks to RAPE women and even run brothels in temples.

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      You won’t “Shudder”!!!
      Because ‘NO CAUSE’!!!!!!!!!!!!!!

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      We are having “Katin Bathala”, even without ‘Brigade’ in power

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    The main reason we are in this mess is incompetence of the CURRENT government. Not any other government before it. The country is officially bankrupt with not a penny to scratch its back side with. Cannot find 36 Million dollars to unload a weeks worth of diesel. Cannot understand electrical power management. When all the top scoundrel businessmen went and set down in the front row of Gotlers inaugeral and promised to support him if he abolished their taxes that was an extremely stupid demand to make and anyone who agreed is more dumb than a door knob. But that is exactly how we have arrived at the current situation. Did yahapalana have enough money to service the debt yes they did. Were there power crises, no Diesel no petrol no fertilizer no milk no medicines etc etc under Yahapalana? NO.

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      Thiha,
      Morning.
      Agreed totally
      Not caused/attributable to COVID-19 PANDEMIC!!
      Because need add to it,
      1. Banning chemical fertiliser id self-inflicted – Loss of harvest output
      2. Incorrect Organic fertiliser import and subsequent cancellation – Loss due compensation –
      3. Summary tax exemption is self-inflicted –Loss of revenue
      4. Arbitrary and unreasonable pegging/fixation of US $ rate, resulting in Loss of inflow of forex
      5. The loss of remittances from expatriate earnings from expats overseas earnings
      6. The 5 above deemed to prevent CoL increases; instead shortages/Black Market prices
      It is a ‘NO BRAINER’

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    Sri Lanka have home grown talent. But they are all leaving the country

    https://www.ft.lk/front-page/India-s-Jet-Airways-hires-Vipula-Gunatilleka-as-new-CFO/44-731003

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      As long as the rajapaksas are in power there is nothing much intellectuals and experts can do.
      Imagine getting agriculture advise from a paediatric doctor or allowing an utter idiot like Basil run Finance.
      Basil is a known thief, has no other skills.
      Rajapaksas have messed up our country.

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