Features
Mandate of Ministry of Power –
Some ambiguities, conflicts and barriers
By Dr. Janaka Ratnasiri
Continued from Yesterday
OPTIONS FOR MEETING THE
PRESIDENT’S TARGET
The obvious choice for meeting the President’s target is to shift from coal power to solar and wind power. In an article written by the author appearing in the Island of July 31st and August 1st, 2020, he showed that by shifting from coal power to solar and wind power, CEB can save over 100 billion rupees annually. This is based on the price of LKR/kWh 10 offered in an on-going wind power project and bids received for solar power projects as divulged by CEB Chairman (Island of 24.07.2020). This is much less than the average cost of generation incurred by CEB which is LKR/kWh 23. In addition to the expenditure saved, adopting solar and wind power gives a bonus of providing pollution free generation.
Several proposals for building large scale solar power plants and wind power plants have been granted Cabinet approval in 2016 and 2017, but there have been no follow up measures taken to pursue them by the CEB. This is despite their economic and environmental advantages. With the announcement of President’s policy on promoting renewable energy, it is hoped that the officials in the Power Ministry and CEB will change their mindset and implement the proposed RE projects without delay. In order to get the private sector involved in this exercise, the present limitation of 10 MW for the development of RE projects by the private sector has to be removed.
The officials of the Power Ministry as well as of the CEB need to be reminded of the statement “We will remove all impediments and incentivize the private sector and entrepreneurs interested in setting up renewable energy projects i.e. solar and wind, and to this end, the government will provide assistance” appearing in the VPS policy document under Renewable Energy section. It is essential that they change their lackadaisical attitude towards renewable energy, if the President’s targets are to be achieved.
The mandate of the State Ministry of Renewable Energy includes building of large scale solar and wind power plants as priority areas. However, their implementation will be possible only with the concurrence of CEB, which was lacking in the past RE projects. There were also media reports of India offering a large solar park under the International Solar Alliance initiated by the Indian Prime Minister together with the French President at the Climate Change Summit Conference held in 2015. Sri Lanka should accept this offer and accelerate building up its solar power capacity.
Another option available is to increase the large hydropower capacity. The general thinking on this is that there are no more suitable sites available to build large hydropower plants in Sri Lanka. However, it is possible to build a large hydro power plant by building a new reservoir on Kotmale Oya below St. Clair’s waterfall and linking it to the existing shaft of the Upper Kotmale Power Plant. This will enable it to operate during the day increasing its plant factor rather than operate only as a peaking plant as done now. Water spilling over the Upper Kotmale Reservoir as well as water flowing down Devon’s water fall can be collected in this new reservoir.
This proposal was made by the Central Engineering Consulting Bureau (CECB) during the planning stage of Upper Kotmale project but not accepted by the Japanese Contractors. It has the potential to add about 160 MW of capacity, generating additional 520 GWh of RE annually. This is a better option than diverting water from Pundalu Oya to the shaft of the Upper Kotmale Project as proposed by CEB in its 2020-39 Plan.
The CEB’s LTGE Plan has given low priority for biomass power plants, adding only 5 MW capacity annually. This can be easily enhanced by setting up dedicated energy plantations and mixed plantations which will generate more renewable energy. It will also provide more opportunities for income generation to rural people and providing fodder to maintain a livestock industry. The colossal sum of money spent annually on importing fuel for thermal power plants presently could be retained in the country by developing biomass power plants.
It has been estimated that 1 ha of dedicated plantation of a crop such as gliricidia will yield 10 t of biomass annually. Assuming combustion of 1 t of biomass with 33% efficiency will generate 1.5 MWh of electricity, 1 ha of plantations has the capacity to generate energy equivalent to 15 MWh. Hence, to replace 1 MW of thermal power plant, about 500 ha energy plantations are required. This could be on new land or on home gardens and abandoned cropland including fallowed paddy land.
In 2019, the Cabinet declared 2022 as the year of Biomass Energy with the objective of promoting energy generation from biomass. Already, SLSEA is pursuing a project funded partly by UNDP and FAO for “Promoting Sustainable Biomass Energy Production and Modern Bio-Energy Technologies” with the specific objective of removing obstacles to the realization of sustainable biomass plantation, increase of market share of biomass energy generation and adoption of biomass- based energy technologies in Sri Lanka. Currently, a survey is planned to identify land available and suitable for energy plantations. Findings of this study will help developing more biomass power capacity at commercial scale by 2030.
CONFLICT BETWEEN THE POWER MINISTRY MANDATE AND VPS
POLICY DOCUMENT
The Power Ministry mandate has the following provisions pertaining to the LTGE Plan and Puttalam Coal power plant.
Meeting the electricity needs of all urban and rural communities based on the long-term generation expansion (LTGE) plan prepared by the Ceylon Electricity Board (CEB).
Expand the capacity of the Puttalam coal power plant with additional investment.
Implement the long-term generation expansion plan.
As mentioned previously, CEB’s current plan envisages building 1,200 MW of coal power plants by 2030. Though it is consistent with the above mandate of the Power Ministry, its implementation will result in achieving only 35% share for RE plants out of total generation by 2030. This is in violation of the VPS targets. Hence, either the State Ministry should pursue more RE projects disregarding what was specified in the CEB’s LTGE Plan or the CEB revise its Plan to align with the President’s VPS document.
The VPS document has the following statement:
As part of the environmental-friendly policy, we will convert the fuel-powered plants located around the Colombo area to natural gas turbine plants within the next year.
It is gratifying to note that the new Government has decided to adopt an environment-friendly policy. However, it should apply not only to Kelanitissa Complex, but also to Puttalam Power Plant as well where the pollution is much severe than at Kelanitissa, particularly arising out of million tonnes of ash accumulated over the years containing many toxic heavy metals including mercury and arsenic.
Hence, in keeping with this policy, the proposal to add another 300 MW coal power plant to Puttalam Complex should be scrapped and instead the government should build a NG operated power plant of similar capacity which will be cheaper and easier to operate and maintain. Further, it will not emit any polluting gases such as Sulphur Dioxide or any particulates or any ash at all. Even the emission of other gases such as Carbon Dioxide contributing to global warming and Oxides of Nitrogen will be very much less.
Also, the LTGE Plan is highly flawed. It is supposed to determine which power technology will be the cheapest in 20 years hence based on current prices. With the cost of generation depending on plant capital cost and fuel prices both of which could vary widely within a span of 20 years, it is futile to make forecasts now as to which technology is the cheapest in 20 years hence and to adopt it. The technology should be selected after calling for bids for different technologies and selecting the most economic plant that meets detailed performance specifications as well as specifications on emission limits. This should be done at the time of building the plant and not based on flawed forecasts. Hence, stipulating a mandate to follow a flawed plan does not make sense.
BARRIERS AGAINST THE STATE MINISTRY AND VPS MANDATE
The State Ministry mandate has the following requirement:
Convert the Kelanitissa power plant to a natural gas turbine plant, and expand the Kerawalapitiya power plant.
The VPS document has the following requirements:
Immediate actions will be taken to convert the Kelanitissa plant to a natural gas turbine plant, where similar two plants will be implemented in Kerawalapitiya and Hambantota before 2023.
As part of the environmental-friendly policy, we will convert the fuel-powered plants located around the Colombo area to natural gas turbine plants within the next year.
Conversion to natural gas operation is possible with gas turbine power plants, both open cycle gas turbines (OCGT) and combined cycle gas turbines (CCGT). The latter comprises of two generating units, a gas turbine and a steam turbine which operates with hot exhaust gas released by the gas turbine without consuming additional fuel. Hence, a CCGT plant has a high efficiency exceeding 50%.
At Kelanitissa Complex, there are two OCGT plants with capacities 80 MW and 115 MW commissioned in 1981/82 and 1997, respectively, and two CCGT plants with capacities 165 MW and 163 MW commissioned in 2001/03 and 2003, respectively. All these power plants currently operate with auto diesel, except that the CEB owned 165 MW plant operates partly with diesel and partly with naphtha produced as a surplus in the refinery. All these plants can be converted to operate with NG after modifying their fuel injection systems, if it is found economical to do so considering their age. However, the non-availability of NG is a barrier to convert them within the specified time targets given in the mandates.
In order to convert these gas turbine plants to operate on NG, first NG will have to be imported in the form of liquefied natural gas (LNG) for which special unloading jetties on land or floating units need to be built which takes several years. Though negotiations were held with India and Japan for several years after signing memoranda of understanding with them for building a terminal and importing LNG, no progress has been made public on this project. It was also reported in the media that CEB is seeking assistance from the Asian Development Bank (ADB) to establish a terminal for importing LNG.
Originally, the Ministry of Petroleum had the mandate for importing LNG, but because of the ministry’s inaction, the CEB obtained Cabinet approval for them to import LNG directly. However, under the new government, all matters relating to petroleum including NG comes under the purview of the Ministry of Energy. It is to be seen how the two ministries will coordinate to supply NG for operating not only these existing gas turbine power plants but also the proposed new gas turbine power plants. Importing of LNG needs to follow international protocols and has to be handled by competent operators after having in place the necessary regulatory framework on safety aspects and issuing licenses for operators.
CONCLUSION
The mandate given to the Ministry of Power recommends the establishment of coal power plants in keeping with the long-term generation expansion plan of CEB. On the other hand, the mandates given to the State Ministry for Renewable Energy recommends conversion of existing thermal power plants to operate on natural gas in keeping with the environment-friendly policy of the government. Therefore, to be consistent in applying this policy, the proposed 300 MW coal power plant to be built at Puttalam should also be converted into a gas power plant.
This could be best done by expediting the building of the 300 MW gas power plant at Kerawalapitiya for which the Cabinet approval has already been granted after a procurement process which got dragged for nearly 4 years. This plant, which could be built much faster than the coal power plant, will be able to meet any power deficit anticipated in a few years’ time. It appears that the Ministry is holding back this project for reasons best known to them and the new Minister should use his good office to expedite the project without listening to officials who were responsible for delaying it. The most practicable way of achieving these targets is to appoint a new set of young honest officers not allergic to renewable energy and gas power to take decisions on these matters.
by Dr Gotabhya Ranasinghe
Senior Consultant Cardiologist
National Hospital Sri Lanka
When we sought a meeting with Hon Dr. Ramesh Pathirana, Minister of Health, he graciously cleared his busy schedule to accommodate us. Renowned for his attentive listening and deep understanding, Minister Pathirana is dedicated to advancing the health sector. His openness and transparency exemplify the qualities of an exemplary politician and minister.
Dr. Palitha Mahipala, the current Health Secretary, demonstrates both commendable enthusiasm and unwavering support. This combination of attributes makes him a highly compatible colleague for the esteemed Minister of Health.
Our discussion centered on a project that has been in the works for the past 30 years, one that no other minister had managed to advance.
Minister Pathirana, however, recognized the project’s significance and its potential to revolutionize care for heart patients.
The project involves the construction of a state-of-the-art facility at the premises of the National Hospital Colombo. The project’s location within the premises of the National Hospital underscores its importance and relevance to the healthcare infrastructure of the nation.
This facility will include a cardiology building and a tertiary care center, equipped with the latest technology to handle and treat all types of heart-related conditions and surgeries.
Securing funding was a major milestone for this initiative. Minister Pathirana successfully obtained approval for a $40 billion loan from the Asian Development Bank. With the funding in place, the foundation stone is scheduled to be laid in September this year, and construction will begin in January 2025.
This project guarantees a consistent and uninterrupted supply of stents and related medications for heart patients. As a result, patients will have timely access to essential medical supplies during their treatment and recovery. By securing these critical resources, the project aims to enhance patient outcomes, minimize treatment delays, and maintain the highest standards of cardiac care.
Upon its fruition, this monumental building will serve as a beacon of hope and healing, symbolizing the unwavering dedication to improving patient outcomes and fostering a healthier society.We anticipate a future marked by significant progress and positive outcomes in Sri Lanka’s cardiovascular treatment landscape within the foreseeable timeframe.
by Fr. Emmanuel Fernando, OMI
Jesuit Fr. Aloysius Pieris (affectionately called Fr. Aloy) celebrated his 90th birthday on April 9, 2024 and I, as the editor of our Oblate Journal, THE MISSIONARY OBLATE had gone to press by that time. Immediately I decided to publish an article, appreciating the untiring selfless services he continues to offer for inter-Faith dialogue, the renewal of the Catholic Church, his concern for the poor and the suffering Sri Lankan masses and to me, the present writer.
It was in 1988, when I was appointed Director of the Oblate Scholastics at Ampitiya by the then Oblate Provincial Fr. Anselm Silva, that I came to know Fr. Aloy more closely. Knowing well his expertise in matters spiritual, theological, Indological and pastoral, and with the collaborative spirit of my companion-formators, our Oblate Scholastics were sent to Tulana, the Research and Encounter Centre, Kelaniya, of which he is the Founder-Director, for ‘exposure-programmes’ on matters spiritual, biblical, theological and pastoral. Some of these dimensions according to my view and that of my companion-formators, were not available at the National Seminary, Ampitiya.
Ever since that time, our Oblate formators/ accompaniers at the Oblate Scholasticate, Ampitiya , have continued to send our Oblate Scholastics to Tulana Centre for deepening their insights and convictions regarding matters needed to serve the people in today’s context. Fr. Aloy also had tried very enthusiastically with the Oblate team headed by Frs. Oswald Firth and Clement Waidyasekara to begin a Theologate, directed by the Religious Congregations in Sri Lanka, for the contextual formation/ accompaniment of their members. It should very well be a desired goal of the Leaders / Provincials of the Religious Congregations.
Besides being a formator/accompanier at the Oblate Scholasticate, I was entrusted also with the task of editing and publishing our Oblate journal, ‘The Missionary Oblate’. To maintain the quality of the journal I continue to depend on Fr. Aloy for his thought-provoking and stimulating articles on Biblical Spirituality, Biblical Theology and Ecclesiology. I am very grateful to him for his generous assistance. Of late, his writings on renewal of the Church, initiated by Pope St. John XX111 and continued by Pope Francis through the Synodal path, published in our Oblate journal, enable our readers to focus their attention also on the needed renewal in the Catholic Church in Sri Lanka. Fr. Aloy appreciated very much the Synodal path adopted by the Jesuit Pope Francis for the renewal of the Church, rooted very much on prayerful discernment. In my Religious and presbyteral life, Fr.Aloy continues to be my spiritual animator / guide and ongoing formator / acccompanier.
Fr. Aloysius Pieris, BA Hons (Lond), LPh (SHC, India), STL (PFT, Naples), PhD (SLU/VC), ThD (Tilburg), D.Ltt (KU), has been one of the eminent Asian theologians well recognized internationally and one who has lectured and held visiting chairs in many universities both in the West and in the East. Many members of Religious Congregations from Asian countries have benefited from his lectures and guidance in the East Asian Pastoral Institute (EAPI) in Manila, Philippines. He had been a Theologian consulted by the Federation of Asian Bishops’ Conferences for many years. During his professorship at the Gregorian University in Rome, he was called to be a member of a special group of advisers on other religions consulted by Pope Paul VI.
Fr. Aloy is the author of more than 30 books and well over 500 Research Papers. Some of his books and articles have been translated and published in several countries. Among those books, one can find the following: 1) The Genesis of an Asian Theology of Liberation (An Autobiographical Excursus on the Art of Theologising in Asia, 2) An Asian Theology of Liberation, 3) Providential Timeliness of Vatican 11 (a long-overdue halt to a scandalous millennium, 4) Give Vatican 11 a chance, 5) Leadership in the Church, 6) Relishing our faith in working for justice (Themes for study and discussion), 7) A Message meant mainly, not exclusively for Jesuits (Background information necessary for helping Francis renew the Church), 8) Lent in Lanka (Reflections and Resolutions, 9) Love meets wisdom (A Christian Experience of Buddhism, 10) Fire and Water 11) God’s Reign for God’s poor, 12) Our Unhiddden Agenda (How we Jesuits work, pray and form our men). He is also the Editor of two journals, Vagdevi, Journal of Religious Reflection and Dialogue, New Series.
Fr. Aloy has a BA in Pali and Sanskrit from the University of London and a Ph.D in Buddhist Philosophy from the University of Sri Lankan, Vidyodaya Campus. On Nov. 23, 2019, he was awarded the prestigious honorary Doctorate of Literature (D.Litt) by the Chancellor of the University of Kelaniya, the Most Venerable Welamitiyawe Dharmakirthi Sri Kusala Dhamma Thera.
Fr. Aloy continues to be a promoter of Gospel values and virtues. Justice as a constitutive dimension of love and social concern for the downtrodden masses are very much noted in his life and work. He had very much appreciated the commitment of the late Fr. Joseph (Joe) Fernando, the National Director of the Social and Economic Centre (SEDEC) for the poor.
In Sri Lanka, a few religious Congregations – the Good Shepherd Sisters, the Christian Brothers, the Marist Brothers and the Oblates – have invited him to animate their members especially during their Provincial Congresses, Chapters and International Conferences. The mainline Christian Churches also have sought his advice and followed his seminars. I, for one, regret very much, that the Sri Lankan authorities of the Catholic Church –today’s Hierarchy—- have not sought Fr.
Aloy’s expertise for the renewal of the Catholic Church in Sri Lanka and thus have not benefited from the immense store of wisdom and insight that he can offer to our local Church while the Sri Lankan bishops who governed the Catholic church in the immediate aftermath of the Second Vatican Council (Edmund Fernando OMI, Anthony de Saram, Leo Nanayakkara OSB, Frank Marcus Fernando, Paul Perera,) visited him and consulted him on many matters. Among the Tamil Bishops, Bishop Rayappu Joseph was keeping close contact with him and Bishop J. Deogupillai hosted him and his team visiting him after the horrible Black July massacre of Tamils.
Sri Lanka-Singapore Free Trade Agreement
By Gomi Senadhira
senadhiragomi@gmail.com
“You might tell fairy tales, but the progress of a country cannot be achieved through such narratives. A country cannot be developed by making false promises. The country moved backward because of the electoral promises made by political parties throughout time. We have witnessed that the ultimate result of this is the country becoming bankrupt. Unfortunately, many segments of the population have not come to realize this yet.” – President Ranil Wickremesinghe, 2024 Budget speech
Any Sri Lankan would agree with the above words of President Wickremesinghe on the false promises our politicians and officials make and the fairy tales they narrate which bankrupted this country. So, to understand this, let’s look at one such fairy tale with lots of false promises; Ranil Wickremesinghe’s greatest achievement in the area of international trade and investment promotion during the Yahapalana period, Sri Lanka-Singapore Free Trade Agreement (SLSFTA).
It is appropriate and timely to do it now as Finance Minister Wickremesinghe has just presented to parliament a bill on the National Policy on Economic Transformation which includes the establishment of an Office for International Trade and the Sri Lanka Institute of Economics and International Trade.
Was SLSFTA a “Cleverly negotiated Free Trade Agreement” as stated by the (former) Minister of Development Strategies and International Trade Malik Samarawickrama during the Parliamentary Debate on the SLSFTA in July 2018, or a colossal blunder covered up with lies, false promises, and fairy tales? After SLSFTA was signed there were a number of fairy tales published on this agreement by the Ministry of Development Strategies and International, Institute of Policy Studies, and others.
However, for this article, I would like to limit my comments to the speech by Minister Samarawickrama during the Parliamentary Debate, and the two most important areas in the agreement which were covered up with lies, fairy tales, and false promises, namely: revenue loss for Sri Lanka and Investment from Singapore. On the other important area, “Waste products dumping” I do not want to comment here as I have written extensively on the issue.
1. The revenue loss
During the Parliamentary Debate in July 2018, Minister Samarawickrama stated “…. let me reiterate that this FTA with Singapore has been very cleverly negotiated by us…. The liberalisation programme under this FTA has been carefully designed to have the least impact on domestic industry and revenue collection. We have included all revenue sensitive items in the negative list of items which will not be subject to removal of tariff. Therefore, 97.8% revenue from Customs duty is protected. Our tariff liberalisation will take place over a period of 12-15 years! In fact, the revenue earned through tariffs on goods imported from Singapore last year was Rs. 35 billion.
The revenue loss for over the next 15 years due to the FTA is only Rs. 733 million– which when annualised, on average, is just Rs. 51 million. That is just 0.14% per year! So anyone who claims the Singapore FTA causes revenue loss to the Government cannot do basic arithmetic! Mr. Speaker, in conclusion, I call on my fellow members of this House – don’t mislead the public with baseless criticism that is not grounded in facts. Don’t look at petty politics and use these issues for your own political survival.”
I was surprised to read the minister’s speech because an article published in January 2018 in “The Straits Times“, based on information released by the Singaporean Negotiators stated, “…. With the FTA, tariff savings for Singapore exports are estimated to hit $10 million annually“.
As the annual tariff savings (that is the revenue loss for Sri Lanka) calculated by the Singaporean Negotiators, Singaporean $ 10 million (Sri Lankan rupees 1,200 million in 2018) was way above the rupees’ 733 million revenue loss for 15 years estimated by the Sri Lankan negotiators, it was clear to any observer that one of the parties to the agreement had not done the basic arithmetic!
Six years later, according to a report published by “The Morning” newspaper, speaking at the Committee on Public Finance (COPF) on 7th May 2024, Mr Samarawickrama’s chief trade negotiator K.J. Weerasinghehad had admitted “…. that forecasted revenue loss for the Government of Sri Lanka through the Singapore FTA is Rs. 450 million in 2023 and Rs. 1.3 billion in 2024.”
If these numbers are correct, as tariff liberalisation under the SLSFTA has just started, we will pass Rs 2 billion very soon. Then, the question is how Sri Lanka’s trade negotiators made such a colossal blunder. Didn’t they do their basic arithmetic? If they didn’t know how to do basic arithmetic they should have at least done their basic readings. For example, the headline of the article published in The Straits Times in January 2018 was “Singapore, Sri Lanka sign FTA, annual savings of $10m expected”.
Anyway, as Sri Lanka’s chief negotiator reiterated at the COPF meeting that “…. since 99% of the tariffs in Singapore have zero rates of duty, Sri Lanka has agreed on 80% tariff liberalisation over a period of 15 years while expecting Singapore investments to address the imbalance in trade,” let’s turn towards investment.
Investment from Singapore
In July 2018, speaking during the Parliamentary Debate on the FTA this is what Minister Malik Samarawickrama stated on investment from Singapore, “Already, thanks to this FTA, in just the past two-and-a-half months since the agreement came into effect we have received a proposal from Singapore for investment amounting to $ 14.8 billion in an oil refinery for export of petroleum products. In addition, we have proposals for a steel manufacturing plant for exports ($ 1 billion investment), flour milling plant ($ 50 million), sugar refinery ($ 200 million). This adds up to more than $ 16.05 billion in the pipeline on these projects alone.
And all of these projects will create thousands of more jobs for our people. In principle approval has already been granted by the BOI and the investors are awaiting the release of land the environmental approvals to commence the project.
I request the Opposition and those with vested interests to change their narrow-minded thinking and join us to develop our country. We must always look at what is best for the whole community, not just the few who may oppose. We owe it to our people to courageously take decisions that will change their lives for the better.”
According to the media report I quoted earlier, speaking at the Committee on Public Finance (COPF) Chief Negotiator Weerasinghe has admitted that Sri Lanka was not happy with overall Singapore investments that have come in the past few years in return for the trade liberalisation under the Singapore-Sri Lanka Free Trade Agreement. He has added that between 2021 and 2023 the total investment from Singapore had been around $162 million!
What happened to those projects worth $16 billion negotiated, thanks to the SLSFTA, in just the two-and-a-half months after the agreement came into effect and approved by the BOI? I do not know about the steel manufacturing plant for exports ($ 1 billion investment), flour milling plant ($ 50 million) and sugar refinery ($ 200 million).
However, story of the multibillion-dollar investment in the Petroleum Refinery unfolded in a manner that would qualify it as the best fairy tale with false promises presented by our politicians and the officials, prior to 2019 elections.
Though many Sri Lankans got to know, through the media which repeatedly highlighted a plethora of issues surrounding the project and the questionable credentials of the Singaporean investor, the construction work on the Mirrijiwela Oil Refinery along with the cement factory began on the24th of March 2019 with a bang and Minister Ranil Wickremesinghe and his ministers along with the foreign and local dignitaries laid the foundation stones.
That was few months before the 2019 Presidential elections. Inaugurating the construction work Prime Minister Ranil Wickremesinghe said the projects will create thousands of job opportunities in the area and surrounding districts.
The oil refinery, which was to be built over 200 acres of land, with the capacity to refine 200,000 barrels of crude oil per day, was to generate US$7 billion of exports and create 1,500 direct and 3,000 indirect jobs. The construction of the refinery was to be completed in 44 months. Four years later, in August 2023 the Cabinet of Ministers approved the proposal presented by President Ranil Wickremesinghe to cancel the agreement with the investors of the refinery as the project has not been implemented! Can they explain to the country how much money was wasted to produce that fairy tale?
It is obvious that the President, ministers, and officials had made huge blunders and had deliberately misled the public and the parliament on the revenue loss and potential investment from SLSFTA with fairy tales and false promises.
As the president himself said, a country cannot be developed by making false promises or with fairy tales and these false promises and fairy tales had bankrupted the country. “Unfortunately, many segments of the population have not come to realize this yet”.
(The writer, a specialist and an activist on trade and development issues . )
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