The Samagi Jana Balawegaya says the government must ensure it takes steps to avoid hyperinflation in Sri Lanka.
Speaking to media Parliamentarian Dr. Harsha de Silva said there is a risk of hyperinflation in the country, under the prevailing situation.
MP de Silva noted printing money in excess may lead to hyperinflation.
The MP said in a technical aspect there are several steps the government needs to take to avoid hyperinflation.
He said the government must put a stop to the Central Bank printing money daily and increase the interest rates.
MP de Silva said the economy cannot be taken forward without taking the necessary steps.
He stated no Central Bank can manage the interest rate and foreign exchange simultaneously, when the country can openly deal with another country.
The MP added the government must understand this situation.