(VIDEO) Sri Lanka is facing a severe economic crisis: Dr. Harsha de Silva

(VIDEO) Sri Lanka is facing a severe economic crisis: Dr. Harsha de Silva

Written by Amani Nilar

08 Aug, 2021 | 5:17 pm

COLOMBO (News 1st); Samagi Jana Balawegaya Parliamentarian Dr. Harsha de Silva says that Sri Lanka is facing a severe economic crisis.

Dr. de Silva mentioned today (08) that Sri Lanka’s official reserves have been reduced to $ 2.8 billion.

He explained that Sri Lanka possesses 380 million U.S. dollars in gold reserves and the country’s reserves are shrunken to around 2.35 billion US dollars without the gold reserves.

Dr. de Silva further stated that Sri Lanka only has enough reserves on hand to import for 1.6 months and that it is obvious that Sri Lanka’s reserves have been declining recently.

He said, “I am not ready to burden the Government or blame them, but when a mistake has been made, actions need to be taken to rectify them”.

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