header logo
SLIC
Rhythms of Lanka
Latest
President assures fullest support for CBSL to function independently
May 28, 202205:29 PM
President assures fullest support for CBSL to function independently
Mobitel inner 1278

President Gotabaya Rajapaksa today assured the Central Bank’s governor and the Monetary Board his fullest and unqualified assurance of freedom to discharge their functions independently and without any extraneous constraints.

 

This was conveyed at a meeting held with Central Bank Governor Dr. Nandalal Weerasinghe and Monetary Board member Sanjeeva Jayawardena, PC earlier today, President’s Media Division (PMD) said in a statement.

 

At the meeting, the President also sought a briefing on the progress of the IMF programme, as well as on the economic recovery process.

 

Accordingly, the CBSL governor gave a full briefing on the satisfactory progress of the talks with IMF at the technical stage and emphasized the importance of advancing towards securing IMF assistance expeditiously, which would, in turn, facilitate the all-important, debt restructuring process.

 

He also briefed the President on the numerous, multi-pronged measures put in place by the Governor, with the support of the Monetary Board, in respect of the economic recovery process. 

 

The President expressed his confidence in these measures and thanked the governor once again for accepting this post during very trying circumstances.

 

The President also assured an interactive process and indicated that the Governor and the Monetary Board would be accorded any assistance required in his capacity as the Head of State, including engaging with his international counterparts, at the highest level of state engagement, in order to assist Sri Lanka’s economic recovery process. 

 

The CBSL governor thanked the President for reposing his confidence and for the assurance of full independence and autonomy.

 

 

 

MostRead
Mobitel 1278
VideoStories
 "Sri Lanka faces new economic crisis after 2028"; Former President Ranil Wickremesinghe warns

"Sri Lanka faces new economic crisis after 2028"; Former President Ranil Wickremesinghe warns

 BASL challenges 22A before SC; calls for full bench to examine the constitutionality of the bill

BASL challenges 22A before SC; calls for full bench to examine the constitutionality of the bill

Govt. ready for public referendum if ordered by SC, 22A Parliament debate in Sept. or Oct. – Nalinda

Govt. ready for public referendum if ordered by SC, 22A Parliament debate in Sept. or Oct. – Nalinda

 22nd Amendment tabled in Parliament by Justice Minister amidst strong opposition

22nd Amendment tabled in Parliament by Justice Minister amidst strong opposition

Bank officials nabbed over US$ 1B Undiyal scheme; Court hears how dollars were transferred overseas

Bank officials nabbed over US$ 1B Undiyal scheme; Court hears how dollars were transferred overseas

 Search continues for missing sailor at Angulana coast for third day; Vessel recovery also delayed

Search continues for missing sailor at Angulana coast for third day; Vessel recovery also delayed

 “Call an election soon or popularity could fall further” Opposition on Govt.’s falling popularity

“Call an election soon or popularity could fall further” Opposition on Govt.’s falling popularity

Don’t be arrogant. Pay attention to the concerns raised by Chief Prelates” — Sajith tells Govt.

Don’t be arrogant. Pay attention to the concerns raised by Chief Prelates” — Sajith tells Govt.

 Can India and Pakistan find common ground ? - Pakistan High Commissioner in Colombo on Hyde Park

Can India and Pakistan find common ground ? - Pakistan High Commissioner in Colombo on Hyde Park

 Sri Lanka Navy vessel located on seabed off Angulana after hours-long search by specialist divers

Sri Lanka Navy vessel located on seabed off Angulana after hours-long search by specialist divers

 Sri Lanka Entrepreneurs Night 2026 held in Melbourne; Australia-based Lankans urged to invest in SL

Sri Lanka Entrepreneurs Night 2026 held in Melbourne; Australia-based Lankans urged to invest in SL

 Warm weather advisory issued for several districts; Drought ravages farmlands across the county

Warm weather advisory issued for several districts; Drought ravages farmlands across the county

 72-hour detention order issued against drug trafficker Shiran Basik

72-hour detention order issued against drug trafficker Shiran Basik

 Govt plans to push country towards authoritarianism – Opposition Leader

Govt plans to push country towards authoritarianism – Opposition Leader

 Sri Lanka Navy vessel in distress off Angulana; 11 personnel rescued

Sri Lanka Navy vessel in distress off Angulana; 11 personnel rescued

Lassana Flora