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

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).

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