Posted on February 28th, 2021
Veemansa Initiative,
Veemansa Initiatives’ discussion
on ‘external debt situation in Sri Lanka; Are we heading for a resolution or
crisis?’. The Governor Central Bank is
confident all debt obligations will be met.
–
The Central
Bank Governor affirms the government’s commitment and ability to honor all debt
obligations.
–
Sri Lanka to
mobilize domestic financing to meet countries investment requirements.
The
measures to increase foreign currency inflows and restrict outflows to
continue.
A
Low-Interest regime and monetary expansion is sustainable in the prevailing
conditions of suppressed demand and the absence of inflationary pressures.
Doomsday
predictions prompted by forthcoming UNHRC Session on Sri Lanka