srilanka news: When to recover from the economic crisis? -Finance Minister shocking information! – srilanka when will come out from economic crisis finance minister ali sabry explains in parliament

Gotabhaya and Mahinda have been embroiled in a series of struggles for more than a month to oust their president and prime minister in response to the unprecedented economic crisis in Sri Lanka.

Opposition parties in parliament are trying to bring a no-confidence motion against the government led by Prime Minister Mahinda Rajapakse.

In this context, the information given by the Minister of Finance Ali Sabri in the Parliament regarding the economic crisis has shocked the people of Sri Lanka.

The foreign exchange reserves needed to stabilize Sri Lanka’s import-dependent economy and finance essential commodities are currently less than $ 50 million. People need to realize this fact.

The government has erred in delaying access to the International Monetary Fund to recover from the economic crisis. Negotiations are currently underway with the International Monetary Fund. But it is still a few months before we can get funding from any international organization.

The Sri Lankan government has made a huge historic mistake by drastically reducing taxes in 2019. Therefore, a new budget will be released soon in which taxes will be increased to boost revenue.

The country will recover from the economic crisis in two more years through such wartime operations. But until then, Ali Sabri has said, “we must all face this crisis.”