Sri Lanka s central bank on Thursday threatened administrative intervention to control high market interest rates that it regarded as out of line with its policy rates and the outlook for falling
Sri Lanka needs to implement budget proposals and reform measures to start earning crucial foreign exchange to help stabilise its economy and ensure it does not return to crisis, its central bank
The Sri Lankan authorities held a virtual meeting with Sri Lanka’s official creditors today (3 November 2022). The meeting was chaired by the Secretary to the Treasury and the Ministry of Finance, Mr. K M Mahinda Siriwardana, and the Governor of the Central Bank of Sri Lanka, Dr. P. Nandalal Weerasinghe. Sri Lanka remains fully.
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