Winner of money-printing competition: Rs. 40 billion printed last week!

Date:

The Central Bank of Sri Lanka (CBSL) last week has printed treasury bills amounting to Rs. 40 billion, in the backdrop where the CBSL Governor Nandalal Weerasinghe himself has repeatedly promised that the country’s money navigator is functioning autonomously.

Since his appointment, Weerasinghe proceeded the printing of treasury bills amounting to Rs. 365 billion within 80 days, estimatedly Rs. 4.45 billion per day, a figure two times greater than those of his two predecessors.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

Sri Lanka Safe and Fully Open for Tourism Despite Seasonal Rains – SLTDA

Sri Lanka remains safe and fully open for travel and...

Nearly 44,000 People Affected by Cyclonic Storm Ditwah

A total of 43,991 individuals from 12,313 families have been affected...

Flights Diverted from BIA Due to Adverse Weather

At least three flights bound for the Bandaranaike International...

Red-Level Landslide Evacuation Warning Extended

The ‘Level-3’ (Red) landslide evacuation warning issued for multiple...