It is impossible to raise a billion dollars

Central Bank Governor Dr. Indrajit Coomaraswamy said that the main objective of central banks would achieve and maintain an exchange rate in effect at Rs. 100.

At a press conference held today at the central bank (8), also revealed that although change will not occur over time, they make valuable efforts to help achieve these goals.

One of the most important financial tasks facing the country, according to Dr. Coomaraswamy, is to increase the inflow of foreign currency out of debt, reducing the country's dependence on loans.

He also indicated that the Cabinet approval has not yet been set for the syndicated loan and sovereign an amount of US debt billion $ 1.500 million and, respectively.

He said Dr. Coomarswamy raising a billion dollars from the United States would not be impossible because of the measures implemented, such as trade in government property, such as hotels and commercial properties.

The agreement with Chinese merchants compared to the port Hambanthota generate $ 1,000 million, a much needed contribution, which will help the country to realize cash reserves worth $ 7,500 million by the end of the Year, the governor said.








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