Credibility of statistics

Recent newspaper reports have led to doubts being cast on the GDP growth rates published by the Department of Census and Statistics. If such doubts were to persist, it would lead to a lack of credibility on a range of published data and have serious implications on investor confidence and country ratings.

Therefore, The Joint Chambers of Commerce urge the authorities to investigate the relevant allegations in a credible and transparent manner and to establish the integrity of data published by all agencies as a matter of urgency.

The statement is endorsed by the National Chamber of Commerce, COYLE, CNCI, National Chamber of Exporters and the Ceylon Chamber of Commerce.