Samagi Jana Balawega MP Ashoka Abeysinghe states that the income of the country is not sufficient for the loan instalments.

Therefore, the country is now bankrupt, he said. As a result, an institution called Selandiva has been set up to sell all lands in Colombo, he said.

However, he hopes to earn as little as $ 400 million through this. He made these comments at a media briefing held at the office of the Leader of the Opposition.