In past four years every Sri Lankan owes Rs.210,000 (Till 2005 0nly Rs. 92,000)

Aug 19, 2008
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Sri Lanka has, for the very first time, borrowed more than its annual income last year, claims parliamentarian Wijayadasa Rajapakse. he said the total state earnings in 2009 stood at Rs. 750 billion, while the loans obtained amounted to Rs. 800 billion.
With this huge borrowing, every Sri Lankan now owes Rs. 210,000 to the world, up from Rs. 92,000 in 2005, he said. In the past four years alone, the government has made a citizen Rs. 108,000 in debt. By December 31, 2009, the total state borrowings rose to Rs. 4,020 billion, said Mr. Rajapaksa.
Speaking further, he said the loans obtained before 2005 were being used for development projects, whereas borrowings thereafter were not visibly being utilized for development.
 

cuteoz

Well-known member
  • Jan 29, 2009
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    omg another rajapakse, how many rajapakses are there, pls people vote rajapakse out, so we can give other valuable sri lankans a chance to serve our nation
     

    sajith.xp.pk

    Well-known member
  • Nov 12, 2008
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    Sri Lanka
    maru aathal eka :D
    den puluwan nam kiyapan yudden nethi una kollo nisa rate jana gahanaya aduwela oka wedi una kiyala. yuddema wikunan kaapalla