Central Bank Governor says president's statement 'ridiculous and untrue'
Sri Lanka's Central Bank Governor Ajith Cabraal on Sunday rejected the president's statement that over Rs. 9 trillion in foreign loans are accounted for as "ridiculous and untrue".
The statement "may even be bordering on lunacy", Mr Cabraal was quoted by the island as saying.
"If what the president claims is correct, the unaccounted loans will amount to a staggering 90% of GDP!" Mr Cabraal added.



