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

Saroja Sirisena and Aruni Wijewardana must be answerable

Saroja Sirisena and Aruni Wijewardana must be answerable

Shannon Cowlin Takes Helm as ADB Country Director for Sri Lanka

Shannon Cowlin Takes Helm as ADB Country Director for Sri Lanka

Sri Lanka Plans Major Tariff Overhaul to Boost Trade Competitiveness

Sri Lanka Plans Major Tariff Overhaul to Boost Trade Competitiveness

Devnimori Buddha Relics Draw Devotees to Gangaramaya for Sixth Day

Devnimori Buddha Relics Draw Devotees to Gangaramaya for Sixth Day