Hon. (Dr.) Harshana Suriyapperuma
Hon. (Dr.) Harshana Suriyapperuma rejected the suggestion that interest rates would rise for the stated reason, arguing that proper economic management, targeted allocation of resources through government policy, and appropriate management of money supply support growth and help reduce interest rates. In response to a question on domestic borrowing, he said he would obtain and provide the specific figure.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 First, I must state this. You mentioned interest rates rising; that needs to be corrected. Interest rates will not rise for that reason. Proper economic management and directing resources to required sectors via Government policy are what support growth. Money supply is only one component. Managing money supply appropriately supports growth and, as I said, interest rates then decline.
¶ 02 You also asked the domestic borrowing amount. I need to obtain and provide the specific number.
Provenance
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- Hansard, Friday, 14 March 2025 ·No. 1744281136023320 ·English daily/uncorrected Hansard
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Cite as: Hon. (Dr.) Harshana Suriyapperuma. 10th Parliament, Parliament of Sri Lanka. Hansard, 14 March 2025. No. 1744281136023320. Politick, https://staging.politick.io/lk/speeches/26384