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Daily Mirror - Sri Lanka losing options: Harsha

Sri Lanka will not be able to depend on China and foreign direct investments to move out of the current economic crisis, SJB MP Dr. Harsha de Silva said yesterday. The government has claimed that Sri Lanka’s foreign direct investments will grow by $ 2.5 billion in 2021. Dr. de Silva told a media conference that Sri Lanka was actually losing options. “One cannot expect China to play Santa clause and provide loans to Sri Lanka as that country is also facing difficulties. China has provided credit to many countries and its banks have suffered a crisis as many of these countries who borrowed are unable to repay the loans given the present global crisis,” Dr. de Silva said.

Daily Mirror - The Public Utilities Commission: should it go or stay?

On December 1, 2020, Presidential Secretary P.B. Jayasundera wrote to Treasury Secretary S.R. Attygalle to close down the Public Utilities Commission (PUC). This, Jayasundera wrote, was necessary ‘to create an efficient work environment to implement the power generation plan which has been lagging behind for some time.’ Jayasundera observed that the PUC Act could be eventually incorporated into the Consumer Affairs Authority and Ceylon Electricity Board (CEB) Act. The letter irked SJB MP Harsha De Silva, who tweeted, ‘This can NOT be happening; UNBELIEVABLE in modern times. CEB n connected private produce have got Pres @GotabayaR to SHUT DOWN t#SriLanka power regulator Public Utilities Commission. This just after @TimesOnlineLK expose’ on Kerawalapitiya opening t door to massive corruption.’

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