Tag: Prasad Siriwardana

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A massive debate has erupted over the government's financial discipline after former Minister Chandima Weerakkody alleged that Prime Minister Harini Amarasuriya is now traveling in a luxury Mercedes-Benz Maybach, valued at approximately one billion rupees, at a time of severe economic crisis and vehicle import restrictions.

Opposition Leader Sajith Premadasa has warned that Sri Lanka's financial situation will remain precarious for the next few years, emphasizing India's continuous support as essential to mitigate the country's massive debt crisis. In an exclusive interview with Indian media network NDTV, Premadasa subtly but strongly criticized the current government's foreign policy and economic management.

Clear signals indicate a significant erosion of government power across the country, following a triple defeat in grassroots political battles, including cooperative elections and local council budgets.

Political analysts are pointing to an intensifying "second wave" of the National People's Power (NPP) government's grassroots power erosion, following the record defeat of budget proposals in two local councils under its control. The latest local council to see its budget defeated is the Soranathota Pradeshiya Sabha, where the budget was rejected by a margin of three votes.

The second reading of the 2026 Appropriation Bill, presented by President Anura Kumara Dissanayake in his capacity as Finance Minister today (November 7) at 1:30 PM, has ignited serious doubts among critics regarding the nation's ability to manage its debt and tax burden. The budget includes a "popular" relief package that has drawn both support and skepticism.

The common opposition is gearing up to launch a massive political offensive against the current National People's Power (NPP) government, with former Minister Harin Fernando assigned a pivotal role within the United National Party (UNP) to lead the charge.