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Rulers can’t decide whether country isn’t bankrupt anymore – Sajith

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Opposition leader Sajith Premadasa has slammed the government, saying that rulers themselves cannot decide if the country is bankrupt any longer.

He said that making the relevant  decision is up to international rating agencies, and they are yet to find the country eligible to be so.

“When the debt repayment system is prepared, the international rating companies such as Fitch, Moody’s, and Standard and Poor’s, will use the financial data to declare whether our country is bankrupt or not because our country has entered into a debt repayment system,” he pointed out. 

“One of the reasons for the decline of this country is the deception, desperation and trickery of the people. The people of a bankrupt country should pay attention to the information and data provided by international financial rating agencies which decide whether the country is bankrupt or not,” he added.

Mr. Premadasa was speaking after donating smart classroom equipment to St. John’s College, Kalutara yesterday (June 24).

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