Quotations
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Vajira Premawardhana Quotes
«The escalation of violence could be sufficient to slow down the economy's momentum. If there's full-scale war, it will increase the country's risk profile, further fuel inflation, and hit the currency and aid flows.»
Author: Vajira Premawardhana
«New projects could be put on hold, especially now with the peace process under pressure.»
Author: Vajira Premawardhana
«I think this is a very good move by the central bank as it's anticipating the continued risk to inflation from higher oil prices and subsidies.»
Author: Vajira Premawardhana
«The government may find it difficult to bring in investment in the current scenario, so the growth impetus may need to come instead from keeping rates steady.»
Author: Vajira Premawardhana
«If they are going to run a higher deficit, then they will have to resort to higher borrowings, pushing up interest rates and fueling inflation. Whenever there's inflation, spending on manufactured goods comes down.»
Author: Vajira Premawardhana
«Most investors are cautious and still have some concerns that there could be return to hostilities.»
Author: Vajira Premawardhana
«The talks are very important for the market because the economic development of the country depends on the outcome. If the country is dragged into a war it's going to be a real problem for us.»
Author: Vajira Premawardhana