During this difficult time, our country needs an alternative ideology based on unity, justice and the rule of law which in return is based on democracy, freedom, brotherhood and diversity, former Minister Mangala Samaraweera says.
He was speaking at the maiden media brief of the ‘True Patriots’ political movement held in Colombo yesterday (26).
‘True Patriots’ has been initiated with the intention of steering Sri Lanka towards a correct path with the collective power of youth, after the country had been plunged into an abyss by various powerhouses throughout seven decades.
Through this political program, Samaraweera is proposing a “radical middle path” with the aim of widening the theoretical knowledge of the youth who should play a key role in the country’s future.
“Before 27 July, we must repay a billion dollars for a loan taken in 2011. In addition, around $ 1.3 billion in Sri Lankan Development Bonds will have to be paid in December this year. When I took over as finance minister in 2019, the foreign exchange reserves in the treasury, which stood at $ 7.6 billion, will fall to a record low of $ 1.6 billion after 27 July, the lowest level in the country’s history. Our national income has declined by about Rs. 600 billion, and the lowest revenue recorded in the last seven decades was recorded in 2020. The largest budget deficit since 1988 was recorded in 2020,” said Samaraweera.
While blaming the country’s current “failed” state on Sinhala Buddhist majoritarian politics, fueled by a false sense of patriotism, Samaraweera said that the future he envisions is one in which everybody takes up their responsibility for the country, instead of adhering merely to party politics.