This refers to Rienzie T. Wijetilleke’s comment published on 18th May 2009 on the presentation made by the Governor, Central Bank at the meeting with the President and representatives of the banking sector. The presentation was prepared by the professional staff of the Economic Research Department on the basis of the latest available information. It is unfortunate that a senior banker of the calibre of Wijetilleke has failed to draw valid inferences from available data. It reflects his unwillingness to accept truth for reasons best known to him.