Cabraal-led Expert Committee for economic crisis: JO

17 October 2018 10:32 pm - 26 - {{hitsCtrl.values.hits}}

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Former President Mahinda Rajapaksa had decided to appoint a Special Economic Committee headed by former Central Bank Governor Ajith Nivard Cabraal, to look into the economic crisis in the country, and to provide recommendations, the Joint Opposition (JO) said today.

JO member MP Wimal Weerawansa told a news conference that a decision had been taken in this regard during the JO’s Party Leaders’ meeting headed by Mr Rajapaksa Tuesday evening.

He said the Special Committee of Experts would be appointed in the coming days.

“The Special Committee will look into the current economic situation in the country and a report will be issued at the end,” Mr Weerawansa said.

“The report will contain steps and suggestions to mitigate the economic crisis,” he said.

He said the Committee would assist in safeguarding the country and its economy at this critical juncture. (Kalathma Jayawardhane)

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Comments - 26

seqi Wednesday, 17 October 2018 10:43 PM

Experts.....Ex as in " has been".....spurts as in " drip under pressure "....lol.

Mandayan Wednesday, 17 October 2018 10:57 PM

Results of your previous activities are being reaped and what further recommends you are to make. Only thing you could do is to say no to interest payments to the debts you raised.

Jude Wednesday, 17 October 2018 11:02 PM

Cabraal can suggest to go for more funding from China!! Issue more sovereign bonds!! Panda and Samurai bonds!!! Yeah!!

Vijaya Samarathunga Wednesday, 17 October 2018 11:12 PM

Well he did stay and face any allegations unlike Arjuna Mahendran who is absconding justice. After 4 years of mud slinging i think its time to admit he did a good job when he was in the hot seat.

BuffaloaCitizen Thursday, 18 October 2018 08:57 AM

Mihin? Exiting Emirates MGMT from Sri Lankan? IIFA? Common Wealth Games? Greek Bonds? CSE? Oil Hedging? H'tota Port? Mattala A'port? 6 lane highways in H'tota? many many more.....

smartgent Thursday, 18 October 2018 09:44 AM

Cabraal, being a Governor, has no back-bone. He was ýes sir'' for MR, which has ruined the economy of the country. He is not suitable to be nominated to any job

smartgent Thursday, 18 October 2018 09:47 AM

Being a Governor, he didnt have a back-bone. He was a ýes sir'to MR, which ruined economy of the country. He is not suitable to be nominated to any job

Lankaboy Wednesday, 17 October 2018 11:17 PM

he will tell you how one can arrange party in careebian spending millions of dollars.

Kala Wednesday, 17 October 2018 11:30 PM

Will he buy Greek bonds again.

TONY Wednesday, 17 October 2018 11:37 PM

COMMENDABLE ACTION

REYNOLD ABEYOON Wednesday, 17 October 2018 11:42 PM

Better supervise construction of stages for concerts like he did during his time.

The Critic Wednesday, 17 October 2018 11:45 PM

What bullshit is this?They are all crooks!Cabraal should be behind bars and so is Mahendran!It's a miracle that this country is still existing with crooks running the country from past to present!

Sach Thursday, 18 October 2018 12:11 AM

Great

observer Thursday, 18 October 2018 12:13 AM

The economic crisis due to present and past governments

Buddhist Thursday, 18 October 2018 01:10 AM

This time he is going to add 10% or give a discount and add 5%?

Moratuwite Thursday, 18 October 2018 01:22 AM

He should recommend further investments in Greece and have the next Olympics here an improvement on Commonwealth games to attract US dollars.Only he knows how much he is worth today

Kingsley Thursday, 18 October 2018 03:20 AM

Can't wait for this report by an expert committee of expert frauds.

johan Thursday, 18 October 2018 09:10 AM

Previous and present regimes achievements are beg and mortgage and get money to put half in their pockets balance half for development of Sri Lanka in useless projects

Common Sense Thursday, 18 October 2018 09:13 AM

Ajith Nivard Cabraal is a *** and a **** who ruined the Central Bank during his time.

Lord Wolfstein Thursday, 18 October 2018 10:16 AM

Mr. Cabraal was a simple accountant and only has become the Central Bank Governor because of political support. This man has no knowledge about economy.

A non-partisan patriot Thursday, 18 October 2018 10:26 AM

Cabral is an accountant.He is not an economist.When he joined the Central Bank, the businesses that he owned were running at a loss.I do not think JO (or anybody else for that matter) should listen to him.His hedging or Greek Bonds did not work well for us.

BuffaloaCitizen Thursday, 18 October 2018 12:36 PM

His sister married owner of Renuka Hotel. How was GM of Renuka Hotel for a most of his life time.

Patriot Thursday, 18 October 2018 01:41 PM

This government has mismanaged the economy from day one. The current problems are their own creations. Present government do not know what they are doing. Without a good educational knowledge of economics one cannot become a Chartered Accountant. Chartered Accountant finance ministers have out performed so called paper qualified BA and other economists in many countries including Canada.

alex Thursday, 18 October 2018 10:27 AM

like starting a gold pyramid scheme to boost local economy

MODA BOOOOOORUWA Thursday, 18 October 2018 11:52 AM

CABBA danna economic crisis.

Harini Thursday, 18 October 2018 07:48 PM

OK, now this is becoming a JO-led nadagama. Stop joking!

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Cabraal-led Expert Committee for economic crisis: JO

Comments - 26

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