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Govt has to come up with Vote on Account due to the follies of persons in authority: Rauff Hakeem

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Sri Lanka Muslim Congress Leader Minister Rauff Hakeem has stated that due to the follies of certain persons in authority the Finance Minister has to come up with a vote on account within a very short span of time to cover the Government’s expenses for the next few months.

He made this observation taking part in the debate on the Vote on Account in the Parliament. He stated that having endured 50 days of unnecessary crisis created by the unconstitutional actions of the important officer bearers of the institutions of this country, the Government has been pushed into a situation of having to come up with a vote on account to cover all such follies.

During his speech, Hakeem said:  “In this situation, we need to position ourselves in order to move away from foreign borrowings as far as possible in the long term, by attracting non-debt creating foreign exchange inflows through exporting of goods and services and foreign direct investments by adopting a national policy which would be conducive in achieving a sustainable current account deficit or a current account surplus in the balance of payments of this country. This challenge is not an easy challenge for the Finance Minister."

 

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