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<blockquote data-quote="cuteoz" data-source="post: 23811385" data-attributes="member: 167216"><p>the economy was not stable enough, as Mahinda had taken massive loans from China, as the IMF, and other countries were unwilling to provide loans based on Sri Lankas human rights record, even if Mahinda was still in power, we'd have to take more loans to pay it out, even in 2014 even through the economy was stable and running at a 6% pace, the massive loans would have had to been paid out within the next 10 years which included indecive projects like the Hambantota Port, MRA AIRPORT, and other projects which didn't gain revenue but only a massive burden to the people of Sri Lanka</p><p></p><p>(Ex: Hambantota Port was built on Chinese funds of a loan of 1.5 Billion $, however it was leased recently for only $1 Billion, we still have to pay $500 million dollar loan against it)</p><p></p><p>for a small country like Sri Lanka it's not necessary to have massive loans to cater to the ones which a feasibility report was never made, in other hand Singapore Port gains massive millions of revenue due to there strategic parternerships with G10 countries.</p></blockquote><p></p>
[QUOTE="cuteoz, post: 23811385, member: 167216"] the economy was not stable enough, as Mahinda had taken massive loans from China, as the IMF, and other countries were unwilling to provide loans based on Sri Lankas human rights record, even if Mahinda was still in power, we'd have to take more loans to pay it out, even in 2014 even through the economy was stable and running at a 6% pace, the massive loans would have had to been paid out within the next 10 years which included indecive projects like the Hambantota Port, MRA AIRPORT, and other projects which didn't gain revenue but only a massive burden to the people of Sri Lanka (Ex: Hambantota Port was built on Chinese funds of a loan of 1.5 Billion $, however it was leased recently for only $1 Billion, we still have to pay $500 million dollar loan against it) for a small country like Sri Lanka it's not necessary to have massive loans to cater to the ones which a feasibility report was never made, in other hand Singapore Port gains massive millions of revenue due to there strategic parternerships with G10 countries. [/QUOTE]
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