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Sunday, 24 May 2009

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Great opportunity to develop motherland

The private sector in the country should play a dominant role in the development of the Northern and the Eastern provinces that were battered by thirty years of war but it should be initiated by the people in the area as they will know what is best for them, said the Immediate Past President,

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nMomentous time to rebuild economy:

Business community commends eradication of terrorism

The business community while expressing profound gratitude to President Mahinda Rajapaksa and the defence forces for the victory achieved in the battlefront, said it is a great opportunity to rebuild the economy of the country.

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S&P decision ‘shocking’

The Central Bank states:

‘The Sri Lankan authorities are deeply shocked to note the incredulous decision of S & P to downgrade Sri Lanka’s stable outlook to negative as from Friday. The authorities also consider the contents of the Rating Agency’s report as outrageous, arbitrary and biased, especially in the context of current favourable developments that are taking place in the country.

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