The opposition says Sri Lanka is heading towards a major financial crisis with citizens struggling to carry out their day-to-day activities.
Speaking in Parliament during the debate on the 2020 Annual Report of the Central Bank, Parliamentarian Eran Wickramaratne said Sri Lanka is currently placed second among the countries that pay loan interests more than its income.
MP Wickramaratne said nearly 70% of the state income have been allocated for debt servicing.
He said the income of the public has been reducing steadily with daily wage workers, farmers, teachers and businessmen being severely affected by the policies of the government.
He said some citizens are barely able to afford one meal a day.
MP Wickramaratne said although the country boasts of modern technology, students have to climb trees to follow online education.
MP Wickramaratne noted that despite these issues faced by the public, the government has been continuing its journey, ignoring the plight of the citizens.