Accordingly, the current rulers would sign the Millennium Challenge Corporation (MCC) agreement to raise $ 480 million in donations, he added.

One good example would be Minister Bandula Gunawardena stating that only 7% of the agreement is unfavourable to the country after it was initially said to be wholly unfavourable, he adds.

Noting that the latest face of Neo-liberalism is patriotism, Mr. Rathnayake says that all signs point that the country is being subjected to a state of semi militarization.