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Scourge of terrorism cost Sri Lanka US $ 200 billion

We need to convey the correct impression about Sri Lanka by its Foreign Missions thereby they could be helpful to develop the country's economy, to the Ministry of Foreign Affairs Secretary Dr. Palitha Kohona said.


Ministry of Foreign Affairs Secretary Dr. Palitha Kohona speaking at the Key Persons’ Forum organized by the FCCISL while FCCISL President Kosala Wickramanayake looks on.

He was speaking at the Key Persons' Forum on "How Sri Lanka's Foreign Missions can help to Develop Our Economy" organized by the Federation of Chambers of Commerce and Industry of Sri Lanka (FCCISL) held at JAIC Hilton Hotel.

Dr. Kohona said that it is the task of the Foreign Ministry and their Missions to rectify the adverse propaganda carried out by the LTTE as the military advance now has become unstoppable.

Due to the negative campaign carried on by the LTTE, Sri Lanka's image has suffered terribly. It impacted on the travel industry, discouraged inward investment, put pressure on taxation rates, absorbing scarce reserves which could have been used for investment purposes, affecting business confidence, causing delays to infrastructure development and causing many a brilliant mind to leave the country.

"The scourge of terrorism is estimated to have cost the country US $ 200 billion. The LTTE used the tactics of destroying the economy and infrastructure, in addition to destroying people and property," Dr. Kohona added.

These atrocities were backed by a relentless propaganda barrage that painted a hopeless picture of Sri Lanka. Development aid levels from certain donors dipped, tourists became less inclined to visit and foreign direct investment required more convincing.

Contrary to predictions, the economy of the country has held firm and moved forward and as the war recedes the government has massive plans for developing the country as a whole.

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