Loans is not a problem. Problem is how invest the said loans, whether we get a return more than the cost we incurred, and now the major threat is budget deficit. Ranil managed this fantastically, he was able record a surplus in the primary account. Loans is not the problem, the real problem is budget decifict
Excuse me
As the debt graph shows no one managed it
Ranil did so by selling Hambantota
If you read my replies two options
Let the country bankrupt or sell assets which is what he did but that wasn't enough do UNP borrowed more
Also until 2023 SL has to pay back US 2-3 billions
Budget deficit is due to lack of tax income mainly caused by not having tax files for anyone working in this country
Everyone must pay taxes ( a fair amount)
Successive governments removed or gave perks to government workers making them nothing but a different class amongst the population further pushing us to seperation
Everyone should have a tax file number and 10-15% should be taxed and reduce indirect from food because that affect poor people who can't make the days end
Most men in SL looks malnourished specially due to high food cost and SL products not being world class and religion issue where red meat is a TABOO