The Hon. Kabir Hashim
Kabir Hashim stated that debt rose by 42 per cent during his government’s tenure, from Rs. 9,953 billion to Rs. 14,210 billion by 2019, but argued that 90 per cent of the increase was used to repay existing debt rather than for wasteful spending. He said his side took responsibility for correcting prior financial mismanagement and accused others, including the JVP, of contributing to the country’s debt burden and associated dealings.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 By 2019, debt increased from Rs. 9,953 billion to Rs. 14,210 billion, a 42% increase during our tenure. But 90% of that increase was to repay old debt. Not a cent was taken to squander. So, that was to repay debt; we took the responsibility and did our job. We corrected others’ mistakes. You made the country indebted; the JVP were partners in that. You did the deals, not us. Thank you.
Provenance
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- Hansard, Wednesday, 8 January 2025 ·No. 1737023464031571 ·English daily/uncorrected Hansard
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Cite as: The Hon. Kabir Hashim. 10th Parliament, Parliament of Sri Lanka. Hansard, 8 January 2025. No. 1737023464031571. Politick, https://staging.politick.io/lk/speeches/27628