Cabraal says figures not ‘massaged’

2 January 2014 02:48 pm Views - {{hitsCtrl.values.hits}} 10 Bookmark

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Central Bank Governor Ajith Nivard Cabraal today dismissed allegations that statistics provided by state institutions mainly the Central Bank and the Census and Statistics Department were distorted or ‘massaged’ to suit Government rhetoric on development.

He said the figures were accepted by International Organisations.

Responding to a journalist on the ‘massaging of data’ prepared by the Census and Statistics Department, Mr. Cabraal said those allegations were centered on information contained in a fundamental rights petition filed in the Supreme Court by an official who was sacked from the Department.

“Unfortunately, publicity has been given to only a section of the facts in the FR petition and that has created a misconception,” he added. (Sandun A. Jayasekera) (pix by Pradeep Dilrukshana)

Comments - 10

Goofy Thursday, 02 January 2014 03:27 PM

Photograph No.4 tells it all. The Colombo beautification and who get the tax payers money.

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cost of dying Thursday, 02 January 2014 03:57 PM

Cost of living is a direct reflection of the true state of the inflation.

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Rohitha Thursday, 02 January 2014 04:02 PM

Everybody knows you are keeping the international organizations happy.

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simple mind Thursday, 02 January 2014 04:09 PM

Everything in this country is massaged for the benefit of the elite.
The poor man is massaged for his taxes etc.

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Citizen Friday, 03 January 2014 12:40 AM

He is only concerned about his figures being accepted by the International organizations not the reality in country

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Concerned citizen Friday, 03 January 2014 05:11 AM

No, not the figures sir, but those who are in the CB monitory board. We know that they are being massaged well!

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Mason Friday, 03 January 2014 05:33 AM

What good is your denial. Nobody believes you and the government anymore.
You cannot fool all the people.all the time.

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Calistus Jayatilleke Friday, 03 January 2014 06:44 AM

Whatever word one uses, i.e. massaging, cooking-up, fudging or even "shaping up", the fact remains that those in authority are guilty of a big fraud against the citizens of the country as well as the international community. People have lost all faith on the politically appointed Governor of the Central Bank whose prime duty appears to be to keep those in power happy with cooked-up figures.

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Suq Madique Friday, 03 January 2014 03:10 PM

This is a 'tongue-in-cheek' statement and should be taken with a pinch of salt

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Sylvia Haik Saturday, 04 January 2014 12:15 PM

I totally agree. As an economist, Cabraal is a total disaster for Sri Lanka. In 2009 when the currency of our main competitors were being depreciated he stood firm and made our Rupee the strongest in the world but our exporters found our products priced out of the markets. He places unnecessary hindrances to overseas investors E.g their funds in the mandatory SIA account that could be converted to foreign currency cannot be spent locally unless for investments.

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