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EPF is affected by DDO plan of the government as explained by the CB governor: SJB oppose this move – Marikkar – I Sri Lnka Latest News

June 30, 2023
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EPF is affected by DDO plan of the government as explained by the CB governor: SJB oppose this move – Marikkar – I Sri Lnka Latest News
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SJB media spokesperson S.M. Marikkar said that since the government has put its hands on the employees’ provident fund through the restructuring of the local debt, it cannot be agreed to at all. Sri Lanka Latest News

Attending a press conference today, he said:

At the time of going late to the International Monetary Fund, they said that the domestic debt will not be restructured.
Now, it has been left to the parliament to restructure the domestic debt.
Parliament convened on Saturday and Sunday.

The purpose of this is to solve the problems within the parties.
It seems that the employees’ provident fund has been touched.
We are against having a hand in the provident fund. Through this, the employees get into trouble. We cannot agree to this.

We cannot support this as the stock market has also touched .
Recently, due to the increase in bonds, the affluent have invested in this country. Their income will not decrease.

The provident fund is a conservation fund. If there was a need, this restructuring could have been done without touching it.

We do not agree to touch the employees’ provident fund.

According to the presentation made by the Governor of the Central Bank yesterday, the interest rate has been reduced.
The employee who invests will not get 9%. It will decrease further.

Interest has not been reduced on the bonds issued to the rich of this country.

If this country collapses the Governor of the Central Bank , will go to Australia, but the common people of this country cannot do that.

This is clearly not an IMF proposal. This is something we have volunteered to offer to IMF.

This is trying to create a political crisis.

‘Aswasuma’ has been given to the cadre of Pohottuwa through .
We are against giving this to the unduitable ones. We should give it to the deserving.

We are not saying that everything should be solved by vote. There are many things that can be done by applying public pressure or going to court.

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