🚨 Opposition Demands Treasury Report on $ 2.5M Cyber Fraud and Policy Clarity

Opposition Leader Sajith Premadasa has called on the Government to table the Treasury’s report regarding a $ 2.5 million cyber fraud involving external debt payments to ensure accountability and transparency. • Policy Uncertainty: Premadasa raised concerns over conflicting economic messaging between the Government and the Central Bank of Sri Lanka (CBSL). He argued these contradictions undermine confidence when fiscal and monetary policies require absolute clarity. • Framework Requested: The Government was urged to present a comprehensive framework detailing its fiscal and monetary approach, instruments, targets, and responsible institutions. • International Commitments: Clarity was sought on how agreements with the IMF, World Bank, and ADB influence policy execution, specifically regarding primary balance and revenue targets. • Cost of Living Concerns: The Opposition questioned the Government's claim that Rs. 17,000 is sufficient for an individual’s monthly expenses, pushing for measures to cushion SMEs, professionals, farmers, and low-income groups from high taxes and tight monetary conditions.