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Development is taking place in every sector

Feb 18, 2011 6:05:47 AM - itnnews.lk

Central Bank Governor Ajith Nivard Cabral said that this is the only era in which development is taking place in every sector.

He said that when there is a war the economy would normally collapse. It did not happen in Sri Lanka as measures were taken to develop all sectors even amidst the global economic crisis. He said that it is a wonder. It is not a random incident but achieved through preparation and careful thinking. He said that now the country is entering the next phase. This journey would have double the work compared to the earlier phase and that is why the massive infrastructure projects have been launched.

Mr. Cabral was addressing a meeting of the Sri Lanka Independent Professionals’ Association. It was held under the patronage of Minister Prof. G.L. Peiris. Minister W.D.J. Seneviratne, Governor of the Western Province Alavi Moulana and Parliamentarian Janaka Wakkumbura participated in the occasion.