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

Cyclone Ditwah Leaves Extensive Damage Across Sri Lanka’s Infrastructure and Agriculture

Cyclone Ditwah Leaves Extensive Damage Across Sri Lanka’s Infrastructure and Agriculture

Prime Minister Confirms Tamil History and Heritage Remain Integral to School Curriculum

Prime Minister Confirms Tamil History and Heritage Remain Integral to School Curriculum

China Provides Over $1 Million in Aid to Support Sri Lanka’s Cyclone Recovery

China Provides Over $1 Million in Aid to Support Sri Lanka’s Cyclone Recovery

Ditwah Catastrophe: Only 30% of Railways Survived

Ditwah Catastrophe: Only 30% of Railways Survived