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Out of the Blue: The Inside Story of the Unexpected Rise and Rapid Fall of Liz Truss

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A review of the Liz Truss biography by Harry Cole and Richard Heale by Michael Patrick O’Leary

The Life of Truss
When Liz Truss sacked her chancellor, Kwasi Kwarteng, she held a press conference in which she gave an even more inept performance than usual in attempting to justify the U-turn (now called volte face) she had been forced to make after his “mini-budget” had come close to wrecking the British economy. The Prime Minister took a meagre four questions which she failed to answer and then ran away. The whole thing took about eight minutes.

One of the chosen was a portly fellow who asked a brutal question. “If you and the Chancellor were ‘in lockstep’ and concocted these plans together, often in secret, why has he gone and you are still here.”

The burly journalist was Harry Cole, political editor of the Sun, a Murdoch Paper which normally supports the Conservatives. It transpired that Cole, together with James Heale of the Spectator (another right wing organ) was writing a biography of Truss. The book was due to come out on December 8 but Cole said on Times Radio (a Murdoch channel) “the ending is being rewritten by those wonderful people at Harper-Collins” (a publishing house owned by Murdoch). In reality, the book was published on November 1 after substantial extracts unfavourable to Truss and the Tory Party were published in the Times (a Murdoch paper). At her last PMQs, Truss was asked by the leader of the opposition, Keir Starmer, “We are told, ‘out by Christmas’. Is that the book or you?”

Cole has written for publications including the Sunday Times and GQ mainly focusing on politicians’ expenses scandals and government waste. Cole was the co-editor of the right wing website Guido Fawkes site until 2015. He was once, allegedly, “in a relationship” with the woman who became Boris Johnson’s third wife, Carrie Symonds. There are similarities between the two men; they are both overweight and say amusing things (which are not always easy to grasp because of the plummy delivery) from a plump face. Johnson has a posher background and education than Cole.

In their introduction, the authors write: “We hope to provide the reader, and voter, with some clarity on the least-known incumbent of the highest office in recent times. It was written during the turbulent tenure of Truss’s premiership, when the judgement of history was yet to be passed. But the clues were always there, as this book will make clear.” They only started writing the book in August 2022.

For those of you who have not been following the teledrama that is British politics today as avidly as I have, here is a brief recap of Truss’s mayfly-like reign as prime minister. When Boris Johnson was forced to resign as party leader by his fellow Conservative MPs, there was a protracted and divisive leadership election to choose a successor. A number of contenders had a series of debates followed by several votes until the contenders were whittled down to two. Then the members of the party (described as “swivel-eyed loonies” by one commentator) had the final say on which contender would become leader of the party and thus prime minister of the country.

In every round, Truss got fewer MP votes than Sunak but was one of the two left standing at the last round. She was then chosen over Sunak by Tory party members (but not by as big a margin as predicted – 57% to 43%). Meaning to say she was going to “hit the ground running,” Truss promised to “hit the ground” and she landed on her face with a thud and a splatter like a Looney Tunes cartoon character.

Robbing Hood

Chancellor Kwasi Kwarteng’s so-called mini-budget was an unashamed budget for the rich, aimed at stimulating enterprise but doing little for those on the lowest incomes. The plan required a mind blowing £400bn of extra borrowing over several years to fund what amounted to the biggest giveaway since Anthony Barber’s disastrous budget of 1972. Markets reacted very badly and the Bank of England launched a £65bn emergency intervention. The central bank was in effect being forced to save Britain’s economy from the actions of its own government.

Truss, after sacking Kwarteng and making a number of U-turns, was forced to resign after a mere 50 days in office, making her the shortest-serving prime minister in the history of the United Kingdom.

In Her Beginning Was her End

In their book, Harry Cole and James Heale find many of the aspects of the Truss that we see today manifesting themselves earlier in her life. She came from a middle class background with both parents being activists on the left. Despite what she has said, she had a good education at a respected school in Leeds and went to Merton College, Oxford.

People who knew her at Oxford paint differing pictures. Friends recall her barely working in her first year and then doing virtually nothing but work in the third. In those days she was a Lib-Dem not a Tory. Fellow student and future Guardian journalist Tanya Gold recollected her as “a library-bound anorak, with no lingering smell of depravity about her small, neat form”. Others detected a more mischievous and obdurate personality. In debate “she almost never backed down”. She displayed a “mischievous ability to read out essays on any number of the main events in British political history which always managed to say something new; not always accurate, but definitely new.” According to Cole and Heale, “Truss threw herself with some vigour into the political social scene, blending debate with heavy drinking.”

One contemporary said: “I thought she was personally obnoxious and obsessed with ‘radical’ causes like decriminalizing drugs rather than the issues that actually were relevant”. Neil Fawcett told The Times: “I got the impression that she was more concerned with grabbing the limelight and being seen to be radical rather than believing in it.”

At Oxford, she met the man she was to marry, Hugh O’Leary (no relation to me, as far as I can tell). A fellow student said : “He was cruelly mocked as a Tony Blair grin-a-like … however hard he tries, Hugh is unfortunate in that he still looks like a Care in the Community case emitting a sad, desperate whine as he is exposed to the ridicule of the masses.” Someone else who knows him says O’Leary “is incredibly political, very right wing, unbelievably right wing – he’s almost as right wing as her. He loves the Tory party.”

After leaving Oxford, from 1996 to 2000, Truss worked for Shell, during which time she qualified as a Chartered Management Accountant (ACMA) in 1999. In 2000, Truss was employed by Cable & Wireless and rose to economic director before leaving in 2005

By the time she went into politics in the grown-up world, Truss was a true-blue Tory. She had great difficulty getting a parliamentary seat. Tory grandee Sir Roger Gale is even today causing problems for the bunch of spivs that tries to pass as a government. He was a problem for Truss a long time ago when she was trying to get on the list of approved candidates for the general election of 2001. At her interview by the Parliamentary Assessment Board, Gale was not impressed but Eleanor Laing approved her application. (Dame Eleanor is now Deputy Speaker).

There followed quite a struggle to get a seat. After trying in a lot of places, Truss succeeded when South West Norfolk Conservative Association chose her decisively against rival candidates, including a former British ambassador to Russia and future Cabinet member Thérèse Coffey. Later, the Association was not too pleased by revelations that Truss had an extra marital affair with Mark Field, the married Conservative MP who was her “mentor”.

The press would not forget this. “Glamorous Tory Liz Truss, who shot to minor fame for having an affair with swarthy former frontbencher Mark Field, is reinventing herself as a boring policy wonk, taking a post at the think tank Reform.” “Cameron Cutie who had affair with top Tory wins plum seat”. “At a Spectator party, witnesses claim Mark Field had enjoyed the flowing Pol Roger champagne, and made a number of extremely ‘ungentlemanly’ comments to fellow partygoers about his affair with Truss. “Some weeks after the affair ended, Truss was pregnant. Her baby, Frances, was born on March 18 the following year. Truss told friends that the baby was her husband’s, and Hugh O’Leary is named as the father on the birth certificate.

It was not until 2010 that Truss entered parliament. Elected with a majority of more than 13,000, Truss was already earmarked as one of the stars of an intake that contained more than two dozen future ministers who would one day sit around the Cabinet table. She came to hold a number of ministerial positions. On September 4, 2012, Truss was appointed as Parliamentary Under-Secretary of State at the Department for Education, responsible for childcare and early learning, assessment, qualifications, curriculum reform, behaviour and attendance, and school food review. In a July 15, 2014 cabinet reshuffle, Truss was appointed Secretary of State for Environment, Food and Rural affairs. On July 14, 2016, Truss was appointed as Secretary of State for Justice and Lord Chancellor in Theresa May’s first ministry. Truss became the first woman to hold either position and the first female Lord Chancellor in the thousand-year history of the office. Following the 2017 UK general election, Truss was moved on June 11 to the position of Chief Secretary to the Treasury, attending the cabinet but not a full member of it, in what was seen by some as a demotion. She was International Trade Secretary from 2019 to 2021. On September 15, 2021, Boris Johnson promoted Truss from International Trade Secretary to Secretary of State for Foreign, Commonwealth and Development affairs.

There were some achievements and some failures and at each job she displayed an innate Trussyness. That habit, which is so annoying today, of saying “I have been very clear”, was there a long time ago. “There was no strategic comms plan; it was just here’s what we are doing one day in a speech. There had been zero pitch rolling; there were no outriders. And frankly it showed. If Liz had the full support of the department, the secretary of state or even her own MPs it might have been easier, but it was all done on the hoof.”

“She did it Gonzo style and she got whacked. There was very little pitch rolling on something so controversial”. David Laws said: “‘I like Liz but she doesn’t listen very much, and when people try to make points, she just talks straight over them in a slightly irritating and rather ‘deaf’ way.” There have been many gaffes and things which seemed designed to amuse the sardonic sketch writers. Some who have worked for Truss have vowed never to speak of the experience again.

Truss’s farewell speech was even more embarrassing than her press conference announcing the defenestration of Kwarteng. In her desperate scrabbling around for positive things to say about her truncated premiership, she seemed to be claiming credit for the death of Queen Elizabeth and the accession of King Charles. One wonders what the future holds for Truss. Boris Johnson can make a lucrative living from public speaking and journalism. Truss’s abysmal communication skills would appear to rule this out but I understand Theresa May has made £450,487 from delivering speeches this year. Who knows?



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The heart-friendly health minister

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Dr. Ramesh Pathirana

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.

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A LOVING TRIBUTE TO JESUIT FR. ALOYSIUS PIERIS ON HIS 90th BIRTHDAY

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Fr. Aloysius Pieris, SJ 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 on Nov. 23, 2019.

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.

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A fairy tale, success or debacle

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Ministers S. Iswaran and Malik Samarawickrama signing the joint statement to launch FTA negotiations. (Picture courtesy IPS)

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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