There is no need of obtaining financial assistance from the International Monetary Fund (IMF) says Central Bank Governor, Ajith Niward Cabraal.
He told TimesOnline that the Central Bank was capable of managing the economy of the country and therefore there was no need to obtain financial assistance even for the upcoming year.
However the opposition ministers as well as the leader of the UNP Ranil Wikremesinghe were pointing out that Sri Lanka needed to obtain financial assistance.
Yet, the Central Bank Governor said that the central bank was taking necessary actions to manage the financial situation in the country. He explained that last year Sri Lanka was able to pay a sum of 1 billion US dollars without delay for the biggest sovereign bond that had been taken. He said that Sri Lanka is also capable of settling loans taken in the future without any delay.
He added that Sri Lanka has made a 5 per cent improvement of its economy despite the pandemic which affected the economy of the country.
The Judicial Service Commission (JSC) has interdicted Colombo Fort Magistrate Kosala Senadheera.
Mr. Ali Sabri Rahim, a Member of Parliament (MP) for Puttalam District whom an open warrant had been issued, attended a public ceremony at Al Aksha National School in Kalpitiya today (16) as the special guest of honor.
The Supreme Court today refused interim relief in an application filed by President’s Counsel Senaka Walgampaya seeking an Order from the Supreme Court compelling the President to appoint judges to fill the existing vacancies in the Court Of Appeal.
The deadline for online applications to the 2024 G.C.E. Advanced Level (A/L) Examination has been extended until July 12, the Department of Examinations said.
Gazette on new speed limit regulations to be issued within two weeks
Cabinet has approved a proposed amendment to the Constitution that a referendum would be required to extend the Presidential and Parliamentary term beyond five years.
Leave Comments