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THIS IS THE Biggest LOSS THAT SRI LANKA HAS EVER SUFFERED.
Attached herewith is an professional computation of the improve in interest expenses that has been suffered by the Government as a result of the 30 year bond interest price getting artificially improved on 27th of February 2015.&nbsp
This huge loss as pointed out by Hon Bandula Gunawardena is increasing every time Treasury Bills and Bonds are issued from 27th February 2015 onwards. It has currently reached mega proportions as shown by him, and is simply the single biggest loss that the Sri Lankan Government has ever suffered IN It’s Complete HISTORY. What is worse is that it is continuing and the losses are mounting each and every week.&nbsp
Consequently, this bleeding Must BE STOPPED right away if the economy is to be safeguarded.
Sadly, the government as effectively as most men and women are in a state of denial with regard to these losses, and that is what is so sad.&nbsp
In the meantime, the interest rates are now artificially high as a result of the bond fiasco, and the government as nicely as all the people are now paying these unnecessarily higher rates. The benefit of the low inflation regime is&nbsp becoming squandered.

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