Nandalal Weerasinghe Sri Lanka 2020 economy Assurant Nandalal Weerasinghe Sri Lanka

Sri Lanka may miss IMF December deadline, but will make request in January 2023 – CBSL Chief

Reading now: 207

COLOMBO (News 1st) – According to the Governor of the Central Bank Dr. Nandalal Weerasinghe, market interest rates have been tightening since last August and the Central Bank has been continuing to tighten their monetary policy since April and July of this year; Central banks engage in tight monetary policy when an economy is accelerating too quickly or inflation is rising too fast.

He predicts that although inflation had climbed to 70% in the last month, this month, it is expected to decline. Sri Lanka seen slight depreciation of inflation since the last weeks of September and this has been controlled and stabilized by the restrictive monetary policy.

There was also some uncertainty about debt restructuring and our lack of stabilization (necessary to receive the IMF loan), but now, the Central Bank predicts that there are high expectations to increase market liquidity and a reduction of inflation.

The website is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

Ashton Kutcher - Ashton Kutcher admits guilt for his success as twin brother is riddled with health issues - - New York
Ashton Kutcher admits guilt for his success as twin brother is riddled with health issues
Hollywood success.The actor sat down for an interview with his brother, who suffers from cerebral palsy and previously underwent a heart transplant, leaving Ashton to question why he was the "lucky" one.Ashton is known for his successful Hollywood career having starred in films like Guess Who, Just Married and Jobs.However, behind closed doors in the late 1990s and early 2000s, Ashton was dealing with his complicated feelings towards his twin brother Michael.Michael was born with cerebral palsy along with several other health issues throughout his life.In a recent interview, Ashton admitted the "guilt" he feels for his brother's health issues and used the chat as an opportunity to acknowledge his brother's feelings.The brothers feature on a forthcoming episode of the Paramount Plus series, The Checkup with Dr Agus.Ashton said in a clip obtained by Entertainment Tonight: "How do I get to be this lucky? And for my brother to be born with cerebral palsy, then have a heart transplant, then have this random blood clot."These things where you're like, ‘Who has to go through that? How do I get to be this lucky?'"The actor then went on to acknowledge that he had failed to consider how Michael would feel, with Ashton admitting the brothers are finally in a good place in their relationship.Ashton continued: "There was a moment in all of this where I moved to New York and was starting to get some traction with my career and Mike came out to visit and stay, and he looked at me and he said, 'Every time you feel sorry for me, you make me less.'"He said, ‘This is the only life I’ve ever known, so stop feeling sorry for the only thing I have.'"And that then created an entire shift back to where I think we are today, which is straight-up