Sajith raises issue over State Bank lendings | Daily News

Sajith raises issue over State Bank lendings

The government is taking certain decisions that will adversely affect the country’s financial sector and State Owned Banks, Opposition Leader Sajith Premadasa told Parliament yesterday (9).

Raising a question under Standing Order 27 (2), the Opposition Leader Sajith Premdasa stated that, “The banking system makes a significant contribution to maintaining the financial stability of a country. Policy decisions taken by the government from time to time have a direct impact on the survival of the banking system and they affect the economy as a whole.

It appears that the present government is making decisions that will adversely affect the country’s financial sector and the banking system. It has been revealed that the state-owned banking system built on public money has provided unjust and unacceptable financial relief to government loyalists and cronies.”