A media conference was held yesterday regarding the implementation of the Parata law. Speaking at the meeting, the Media Secretary of the Sri Lanka Chamber of Commerce, Susantha Liyanarachchi, accused the Central Bank Governor of Sri Lanka. The Media Secretary of the Sri Lanka Chamber of Commerce said that the Central Bank Governor should know how to act as the Deputy Minister of Finance says.
He further said regarding the implementation of the Parata law
”The Central Bank has issued circulars to the banks that the interest rate for these collapsed industries will be reduced by 50% for six months. The interest rate for a year is this much. 20% for 60 months.
The Deputy Minister of Finance explained that the banks should do this in this way. Either the interest should be completely removed. Or this loan should be converted into a long-term loan scheme and this should be corrected. Do not take any action against the parties those who took into legal action .
This is very clear, this was not said to a blind person, a dumb person . This was said to the Governor of the Central Bank. Then these people should know this system and implement it first of January.
The Governor of the Central Bank is someone who has dual citizenship. The government should also know that these people will eventually go to Australia. The end result is that people will be helpless. Therefore, the government should also constantly think that this journey cannot be continued with this.