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Eran Wickramaratne: Reserves Down To $1.5 Billon Including Gold Reserves
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<blockquote data-quote="Hasitha22" data-source="post: 27144664" data-attributes="member: 578477"><p><strong>The opposition alleged in Parliament that foreign reserves have dropped to $ 1.5 billion which included the gold reserves of $ 300 million. The Govt. did not refute the opposition claim that the available cash reserve was only USD 1.5 billion less than one month’s import payment, lowest in history.</strong></p><p><strong></strong></p><p><strong>Eran Wickramaratne M.P told a news conference at the Leader of the Opposition’s office in Colombo that as a result, essential food items and fuel shortages would follow and the country could face power cuts in the future.</strong></p><p></p><p><a href="https://www.colombotelegraph.com/index.php/a-dark-future-looming-as-the-foreign-reserve-down-to-1-5-b-lowest-in-the-history-eran/" target="_blank">CT</a></p></blockquote><p></p>
[QUOTE="Hasitha22, post: 27144664, member: 578477"] [B]The opposition alleged in Parliament that foreign reserves have dropped to $ 1.5 billion which included the gold reserves of $ 300 million. The Govt. did not refute the opposition claim that the available cash reserve was only USD 1.5 billion less than one month’s import payment, lowest in history. Eran Wickramaratne M.P told a news conference at the Leader of the Opposition’s office in Colombo that as a result, essential food items and fuel shortages would follow and the country could face power cuts in the future.[/B] [URL='https://www.colombotelegraph.com/index.php/a-dark-future-looming-as-the-foreign-reserve-down-to-1-5-b-lowest-in-the-history-eran/']CT[/URL] [/QUOTE]
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