Vast development in North - Governor

by Ananda KANNANGARA

Governor, Central Bank, Ajith Nivard Cabraal called upon entrepreneurs in the country, including the owners of Finance Companies, Bankers and hoteliers to make their contribution towards the development of the North at this juncture when the entire Northern District has achieved full freedom after three decades.

He was speaking after opening the Finance Company branch at a new location in Jaffna. The Finance Company, Chairman, Preethi Jayawardane and Jaffna, Government Agent, Imelda Sukumar were present on the occasion.

Governor, Cabraal said unlike earlier, vast development in the fields of health, education, transport, road construction and agriculture could now be seen in the entire Northern Peninsula and urged apeople in the country to make their contributions to carry out further development activities.

He said although many financial institutions and bankers were reluctant to commence their business in Jaffna several years ago, most of them have now changed their attitude and pledged their willingness to start investing considering the vast change of the situation in Jaffna.

He said as there is no end of the education received by a person until death, the Government too continuously carry out development activities in the Northern District as well as in other districts.

He thanked the management of The Finance Company to start their business in Jaffna, since finance companies could play a major role to develop the country.

He said when finance companies provide loans to people, others in the society such as carpenters, masons, building constructors and labourers will benefit.

The Finance Company Chairman, Preethi Jayawardane thanked the CB Governor for its contribution toward the development of the company at crucial times they faced several years ago.