Immediate action should be taken to protect banks & businesses – Ranil

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Requesting Finance Minister Ali Sabry to make his own decisions, UNP Leader Ranil Wickremesinghe today (04) said in Parliament the Government should take immediate steps to protect the bank and financial system in the country.

Making a statement in Parliament, Wickremesinghe said, “I request Finance Minister Ali Sabry to make his own decisions. Do not let any official act in a reckless manner. We have to study the situation of the country and make our decisions wisely according to that. For example, SriLankan Airlines must be informed not to make any airplane without obtaining approval from Parliament.”

He queried what happened to the fuel stabilization fund established in 2020.

“What happened to the money in this fund? If there is no money in the fund, relevant officials should be punished. There are many steps we have to take to overcome this crisis. If we are to obtain support from other countries, we have to build good diplomatic relationships with them.”

“It was the private sector that demanded a tax cut soon after the current government came into power, not the state sector. When I tried to make some changes, the private sector became irritated with me. They opposed every reform I introduced. At the end, it was not Gota, but I was the one who had to go home. However, I have come back now. I also propose that all financial advisory committees as it is the Parliament which has power over finances,” he said.

BY Gagani Weerakoon and Methmalie Dissanayake