Samagi Jana Balawegaya Parliamentarian Patali Champika Ranawaka says the statement by President Gotabaya Rajapaksa that no foreign loans have been obtained from any country during the past two years is false.
Speaking at an event the MP said nearly USD 5 billion has been obtained in loans from countries and international organisations during the past two years.
The MP said 77 percent of loans that were repaid by the present government were mostly loans obtained during the term of the Presidency of Mahinda Rajapaksa.
MP Ranawaka said the public however has had to face the consequences of such actions.
He accused the President of pawning the country’s food security, medicine, and power supply in order to pay loans.