Prime Minister comments on controversial Treasury Bond Issue
Speaking at the Sri Lanka Economic Summit 2015, Prime Minister Ranil Wickremesinghe spoke about the controversial treasury bond issue.
The Prime Minister said that they took a policy decision that there cannot be private be placements, unless urgent.
He said:
Why can’t you pay the market rates in the local market for the rupees when you are paying the market rates for the foreign bond holders? If it makes a capital that much more expensive for the government, then the government should re-structure its spending priorities.
Speaking further, the Prime Minister said that all those who served in this select committee and those who are re-elected will serve in that committee appointed by party leaders and they can re-investigate this fully.
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