Privatisation not the answer - Nivard Cabral
UPFA Economic Advisor Ajit Nivard Cabral claimed that 'Mahinda
Chintanaya' is not for privatisation and will always seek to develop our
Addressing journalists at a press conference in support of UPFA
Presidential hopeful Mahinda Rajapakse at the SLFI yesterday, Cabral
said: "We have categorically stated that Mahinda Rajapakse is not for
privatisation. We have examined closely the alternative systems in other
countries where better managed systems have been used."
The main issue here, he said is not the ownership but the management.
"We will ensure that the most honest, efficient, top-quality and decent
people will manage them with better transparency. We have our own Sri
Lankan people for the same, and we don't need aliens."
He said 'Mahinda Chintanaya' has been prepared with responsibility
and painstakingly, in consultation with many stakeholders. There are
many options and various methodologies of re-structuring, which we
should pursue, even in the case of the so-called economic monsters, the
CEB, CPC and the SLTB.
"We also need to develop our indigenous economy. The private sector
does not only mean the listed companies in the share market. It also
includes the small and medium-scale entrepreneurs. As they evolve, the
small-scale entrepreneur should gradually hit the medium-scale and later
the top businessmen grade. We must help them," he added.
Cabral said price control of certain essential items as stated in the
UNP manifesto, is not compatible with the open economic policies pursued
by the UNP.
Responding to a query pertaining to the attempted attack on the
Sunday Leader printing press in Ratmalana, Minister Mangala Samaraweera
claimed that it was the work of a clandestine, pro-UNP thug group from
Negombo/Katana, who had planned to destroy the press.