Sri Lanka, April 27 -- Electricity tariffs will increase by threefold in December, warns the Chairman of the United National Party (UNP), former Minister Vajira Abeywardana.

The former Minister made this claim while addressing a political event held in Galle.

Former Minister Vajira Abeywardana also stated that according to his understanding of the economy, the country will collapse by November or December.

However, he said despite not having a Parliament seat, he is prepared to come forward to safeguard the nation, when needed.

Meanwhile, on Friday (25 April), it was announced that the International Monetary Fund (IMF) and Sri Lankan authorities reached staff-level agreement on economic policies to conclude the Fourth Review of Sri La...