State Minister of Finance Ajith Nivard Cabraal has stated that the country must reopen on August 30th because the country cannot afford the estimated Rs. 150 billion in economic losses that will occur during the ten-day lockdown.
He pointed out that when the epidemic was spreading quickly, analysts continued to claim that a shutdown would result in a significant loss of GDP.
As a result, the State Minister has emphasized the importance of people following the required health advice in order to continue the effective vaccination procedure that has been ongoing for the past two weeks.
He stated that the decision to reopen the nation on the 30th would not be postponed any longer and that closing the country in this manner would have unimaginable consequences for the country’s economy.
As a result, the Minister stated that the country should be opened as quickly as possible. The opinion of the economic specialists in the meetings held two weeks before the introduction of the curfew was that the country should not be closed totally, he emphasized.
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