Dr. Kotelawala contradicts CB Governor

Chairman Ceylinco Consolidated Lalith Kotelawala has strongly disputed a statement attributed to Ajith Nivrad Cabraal, Governor of the Central Bank, reported in a daily newspaper yesterday . Referring to the news item headlined Sri Lanka Economy on a Shaky Platform,’ Kotelawala said, "What a shocking statement by the Governor of the Central Bank of Sri Lanka Mr Ajith Nivrad Cabraal! First, he says that Sri Lanka’s economy is on a shaky platform. Secondly, he says that the action taken by the country against terrorism is destabilizing the economy. Thirdly, he says, if the situation is not resolved, Sri Lanka’s economy will be burdened with a war for another 30 years, which is directly contradictory to the views of the President and the Secretary of Defence."

He added, "I certainly do not agree with Mr. Cabraal. As expressed by me on several occasions, the President’s vision of ‘Mahinda Chintanaya’ will bring in new prosperity and economic freedom, if properly implemented."