Siyambalapitiya on financing elections and country s financial condition

INSUBCONTINENT EXCLUSIVE:
The Treasury has informed the Supreme Court that the management of state funds is dealing with a really crucial situation at the minute,
states State Minister of Finance, Ranjith Siyambalapitiya.

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The State Minister, joining a media instruction at the Department of Government Information, made this remark while talking about the
affidavit sent to the Supreme Court by Treasury Secretary Mahinda Siriwardana.

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Commenting even more, State Minister Siyambalapitiya likewise emphasized that the expenditure on the election will unfavourably impact the
financial condition of the country, adding that the Treasury Secretary has actually indicated that it is a very tough matter for the
treasury to protect the financial resources needed for the upcoming local government election