8 requests from the CBSL to the government to revive the economy

Date:

The Governor of the Central Bank Ajith Nivard Cabraal says that the Central Bank of Sri Lanka has submitted eight requests to the government to find a solution to the current economic crisis in the country.

Those are;

  1. Imposing a special tax on the importation of certain non-essential items to further reduce their demand
  2. Increase in fuel prices and electricity bills
  3. Taking further incentives for remittances to the country and taking action against the inflow of money into the country through various illegal means.
  4. Using Energy Saving Techniques and Renewing Renewable Energy Techniques
  5. Further increase in money available from foreign countries
  6. Further encouragement of cash inflows to the country through non-debt methods
  7. Rapid conversion of non-strategic and underutilized assets into cash
  8. Postponement of some non-essential and non-urgent capital projects

Ajith Nivard Cabraal stated this addressing a media briefing held at the Central Bank Auditorium yesterday (04).

Share post:

spot_imgspot_img

Popular

More like this
Related

Weligama Pradeshiya Sabha Chairman Lasantha Wickramasekara Shot Dead

Weligama Pradeshiya Sabha Chairman Lasantha Wickramasekara, popularly known as...

Sri Lanka’s Mounting Debt Trap: Women Bear the Hidden Cost

Sri Lanka’s household debt crisis is deepening as thousands...

Vehicle Market Hits Speed Bump as Imports Surge, Prices Fall

Sri Lanka’s once-booming vehicle market is showing clear signs...

Sri Lanka Reaps Global Support at WB/IMF Meetings

Sri Lanka secured a significant boost for its economic...