{"id":80906,"date":"2018-09-11T15:39:35","date_gmt":"2018-09-11T22:39:35","guid":{"rendered":"http:\/\/www.lankaweb.com\/news\/items\/?p=80906"},"modified":"2018-09-11T15:39:35","modified_gmt":"2018-09-11T22:39:35","slug":"poor-economic-management-causes-fuel-price-increase-bandula","status":"publish","type":"post","link":"https:\/\/www.lankaweb.com\/news\/items\/2018\/09\/11\/poor-economic-management-causes-fuel-price-increase-bandula\/","title":{"rendered":"Poor economic management causes fuel price increase: Bandula"},"content":{"rendered":"<h2><span style=\"color: #0000ff;\"><em><strong>Sheain Fernandopulle\u00a0Courtesy The Daily Mirror<\/strong><\/em><\/span><\/h2>\n<p>The Government had to increase the prices of fuel due to its poor economic management, MP Bandula Gunawardana said today.<\/p>\n<p>Addressing a news briefing, he said the incumbent Government did not have a long term economic policy in place.<\/p>\n<p>There is a prevailing economic crisis caused due to the rupee depreciation,\u201d Dr. Bandula said.<\/p>\n<p>The Government has been unable to provide the advantage to the people in such a situation where the World Market price of fuel remains in a lower percentage than that in the precious regime,\u201d Dr. Bandula said.<\/p>\n<p>Although the World Market price remained in a higher percentage in our Government, we were able to keep the people unburdened. That is why I reiterate that this Government lacks a proper economic management,\u201d he added.<\/p>\n<p>Meanwhile, MP Sisira Jayakody said even though Prime Minister Ranil Wickremesinghe was boasting of the growth of the economy, they could not see any such growth.<\/p>\n<p>The economic growth rate is diminishing compared to that in the previous Government. We were able to maintain a growth rate of six but now it has declined even below three,\u201d MP Jayakody said.<\/p>\n<p>He further said that Enterprise Sri Lanka would not become a helping hand for the poor but would make rich people richer.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sheain Fernandopulle\u00a0Courtesy The Daily Mirror The Government had to increase the prices of fuel due to its poor economic management, MP Bandula Gunawardana said today. Addressing a news briefing, he said the incumbent Government did not have a long term economic policy in place. There is a prevailing economic crisis caused due to the rupee [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[102],"tags":[],"class_list":["post-80906","post","type-post","status-publish","format-standard","hentry","category-economy"],"_links":{"self":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/80906","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/comments?post=80906"}],"version-history":[{"count":0,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/80906\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/media?parent=80906"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/categories?post=80906"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/tags?post=80906"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}