Samagi Jana Balawegaya (SJB) Member of Parliament, Dr. Harsha de Silva, launched a scathing critique of the economic policies proposed by the National People's Power (NPP) party. Dr. de Silva specifically targeted the NPP's stance on handling Sri Lanka's USD 12 billion International Sovereign Bond (ISB) debt, asserting that a future JVP/NPP government would not honor the financial commitment.
The criticism was directed at the chief economic adviser of the NPP, Professor Anil Jayantha, who first hinted at the possibility of not honoring the USD 12 billion ISB debt during a discussion at the Ceylon Chamber of Commerce. Dr. de Silva highlighted that the sentiment was further echoed by Sunil Handunhetti, the top economist of the NPP, indicating what he perceives as a lack of understanding of economic governance.
Dr. de Silva remarked, "This goes to show these guys have absolutely no idea how to run a country." The statement underscores his concerns about the economic competence of the NPP and raises questions about the party's ability to effectively manage the nation's financial obligations.
The criticism comes amid growing economic challenges in Sri Lanka, with concerns over rising debt levels and the country's ability to meet its financial obligations. The SJB MP emphasized the importance of responsible economic policies and expressed reservations about the potential consequences of not honoring international debt commitments.
The NPP, led by the Janatha Vimukthi Peramuna (JVP), has positioned itself as an alternative political force in Sri Lanka, advocating for a more people-centric and socially just economic model. However, Dr. de Silva's remarks suggest that the SJB remains skeptical about the feasibility and effectiveness of the NPP's economic proposals.