Anyone seeking power before 2048 must have plans to repay foreign loans: Bandula



Claiming that Sri Lanka had outstanding foreign loans of USD 36 million to be settled until 2048, Cabinet Spokesman Minister Bandula Gunawardane said today anyone who wishes to come to power during that period is bound to pay the loans and must have plans to do so.

He told the weekly Cabinet briefing that if anyone came to power deceiving the people without having any plans in advance would only put the people in crisis again just as the country experienced in the recent past.

“Sri Lanka has outstanding foreign loans amounting to USD 36 million. Only 37 percent of the total loan amount is maturing during the next five years. 51 percent of that is maturing between the next six years and twenty years. 12 percent is maturing even after 20 years. So, if anyone is planning to take over the country is bound to pay the loans due during their tenure,’ the Minister said.

He said those who were aspiring to take over the country must have a strategy to pay back the foreign loans which would be due during the period of their governance. “If they deceive the people and take over the country. People will end up in another crisis of power, fuel, gas, fertilizer and other essentials, “he said. (Ajith Siriwardana)



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