Ex-Central Bankers’ open letter to President Gotabaya Rajapaksa: We are writing this letter on behalf of all members of the Central Bank Retired Executive Officers Association, (CBREOA). Our Association is a non-political organisation consisting of the retired executive officers of all categories of the Central Bank of Sri Lanka (CBSL), such as Deputy Governors, Assistant […]
Crisis-hit Sri Lanka's Prime Minister Ranil Wickremesinghe, who is also the finance minister, said on Thursday that the government was targeting USD 5 billion this year for repayments, plus a further USD 1 billion to bolster the country's reserves.
Monday 18th April, 2022 Neither the Occupy-Galle-Face protesters nor the members of the Rajapaksa family are going home! Having dug their heels in, they are engaged in a game of chicken at the expense of much-needed political stability, upon which hinges the country’s economic recovery. A new Cabinet is to be appointed shortly in view […]
The ongoing protests have now continued for several days with neither side relenting. In a non-violent war between the Regime and the People, the rulers have been yielding ground inch by grudging inch but there has been no concession from either side that can end the stalemate. The demand has now boiled down to the […]