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

The Jeffrey Epstein Saga: What You Need to Know

The Jeffrey Epstein Saga: What You Need to Know

Sri Lanka’s Apparel Industry Eyes India Corridor to Survive Rising Asian Competition

Sri Lanka’s Apparel Industry Eyes India Corridor to Survive Rising Asian Competition

Sri Lanka Courts Saudi Mega-Investor: PIF Talks Spark Capital Market Hopes

Sri Lanka Courts Saudi Mega-Investor: PIF Talks Spark Capital Market Hopes

Key X-Press Pearl Experts Left Out of Government Review Process

Key X-Press Pearl Experts Left Out of Government Review Process