There will likely be another Domestic Debt Optimisation (DDO) process if the targets of the current one are not achieved, Central Bank (CB) Governor, Dr. Nandalal Weerasinghe told a top forum on Friday morning.
"Someone asked me this morning it's there will be another DDO. There could be if we deviate from the current DDO," he told CFA CEO Forum - Rebooting Sri Lankan Economy delivering the keynote address.
He added the fiscal policy, structural reforms and the growth path need to move in tandem with the DDO. He also emphasised on the banks bringing lending rates down to stimulate the economic recovery.
He said by month end there will be single digit inflation at 7 per cent. (DEC)
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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.
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