Harsha accepts Bandula's challenge

31 May 2015 12:12 pm

Deputy Minister of Economic Affairs Dr. Harsha de Silva has accepted the challenge thrown up by former Education Minister Bandula Gunwardane on the recent international sovereign bond issue.

Mr. Gunawardane said this bond issue had been made at an interest rate of 6.1 percent. He said it was the highest interest rate offered in a bond issue. Then, he challenged either Finance Minister Ravi Karunanayake or Dr. de Silva for a public debate on the economic impact of this bond issue.

Accordingly, Dr. de Silva said he was ready for it.

"I will explain what kind a mess they have created and the consequences faced in dealing with the decisions taken at that time. It will have massive consequences for so many years .What we do is to resuscitate the economy from this mess. I will explain what the new government has in store," he said. (Kelum Bandara)