With the view of easing public expenditure; the new Cabinet Ministers of the Government will forgo ministerial salaries while a limit will be placed on other benefits enjoyed to date.
I have responded to the issues raised in the letter addressed to me. It includes;
oThe discussions with President Gotabaya Rajapaksa and Party Leaders on the next steps after the 21st Amendment has been presented in Parliament
3.Response to MP Patali Champika Ranawaka (B):
oThe assistance of foreign specialists if required regarding the 2019 Easter Sunday Attacks investigations
oIncorporating the electoral system in European countries to address the current issues faced in the electoral system.
4. Impending Food shortage (A):
While the ministry of Agriculture would take the lead, all MPs should unite to implement a programme to increase the cultivation of the necessary crops and address the the impending food shortage with appropriate mechanisms.
United States has forecasted a world food shortage and identified Sri Lanka and Afghanistan as 2 countries to be badly affected.
4.2 Impending Food shortage (C):
While there may not be time to obtain fertiliser for this Yala Season, steps are being taken to ensure adequate stocks for the Maha Season.
5. I have accepted former Maldivian President @MohamedNasheed 's generous offer to assist in the relief efforts in Sri Lanka's economic recovery by coordinating the efforts to secure foreign assistance.
6. I sincerely urge everyone to accept the gravity of the country situation. It is essential for all parties to come together to appoint an all-party National Assembly to immediately address the issues in the country.
1. I have instructed the staff of the Prime Minister's office to slash the expenses of our office by 50%. We need to work towards instilling the correct financial discipline to hasten the country's economic recovery.
1. The next couple of months will be the most difficult ones of our lives. I have no desire to hide the truth and to lie to the public. Although these facts are unpleasant and terrifying, this is the true situation.
• Debt Ceiling: SLR 1950 Billion out of the approved debt ceiling of SLR 3200 Billion by the 2nd week of May
• Foreign Reserves: They were at USD 7.5 Billion in Nov. 2019. However, today it is a challenge for the treasury to find USD 1 Million.
There is a lot to be done and undone. We are prioritizing matters, rest assured they shall be addressed as early as possible. We have managed to get things moving in the last 48 hours. I will provide a full explanation of the financial crisis faced by the country tomorrow (16)
1/ Fuel: Given the dollar scarcity at banks, we are exploring other options of securing the necessary funds to pay for the coming week's fuel requirements.
2/ LP Gas: The government has secured payments for an LP Gas consignment which will begin to unload and distribute as early as possible.