President dismisses bankruptcy claims over Rs. 500 Bn supplementary allocation

President Anura Kumara Dissanayake, addressing Parliament, rejected claims that the proposed Rs. 500 billion supplementary allocation would lead to national bankruptcy by April 2026. He said the government maintains strong financial discipline and clear fiscal targets. “For a long time, the Treasury account was in overdraft. In 2018, it was Rs. 180 billion, in 2019 Rs. 244 billion, in 2020 Rs. 575 billion, and in 2021 it rose to Rs. 821 billion,” the President said. “In contrast, by November 2025, under our government, the Treasury account showed a positive balance of Rs. 1,202 billion—a Rs. 2 trillion improvement,” he said.…

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