Sri Lanka has lost its credibility – Bandula
United People’s Freedom Alliance Parliamentarian Bandula Gunawardena said following the controversy surrounding the Bond issue, Sri Lanka has lost its credibility.
Speaking in Parliament, MP Gunawardena added the country will face an economic crisis next year.
MP Gunawardene claimed the Sri Lankan bonds were referred as sovereign bonds adding however now it’s referred as Black bonds.
He said international investor will not come forward to purchase the bonds issued by Sri Lanka which will therefore lead to a political and an economic crisis next year.
MP Gunawardene stressed bonds are issued by the Central Bank however politicians continue to jeopardise the process adding some politicians now claim the bonds issued between 2008 and 2014 are invalid.
The MP noted such statements will have severe consequences adding individuals should be vigilant when making such statements.