header logo
SLIC
Latest
People benefitting from CBSL governor’s decisions: Sabry defends Dr. Weerasinghe
Sep 02, 202207:28 PM
People benefitting from CBSL governor’s decisions: Sabry defends Dr. Weerasinghe
Mobitel inner 1278

Minister of Foreign Affairs Ali Sabry says certain individuals are trying to remove Dr. Nandalal Weerasinghe from his position as the Governor of Central Bank of Sri Lanka.

 

Speaking in the Parliament today (Sep 02) during the parliamentary debate on the interim budget speech, the minister stated that he was appointed the Minister of Finance amidst the public upheaval, as no one else was willing to take up the challenge. He said he accepted the ministerial portfolio as negotiations with the International Monetary Fund (IMF) were of great importance.

 

“The discussions that we started with the IMF have become successful today.”

 

Speaking with regard to the accusations raised on the decision to suspend debt repayment, the lawmaker said the government was in a dilemma whether debt should be serviced or the remaining amount of reserves should be used for essentials.

 

Defending the decision to suspend the debt repayment, Minister Sabry said that it was taken after much deliberation with relevant officials.

 

The lawmaker, stating that Dr. Weerasinghe gave him necessary advices to make the decision, said that if someone wants to strip the Central Bank governor of the position, he is ready to step down instead. 

 

Today, the people are benefiting from the decisions made by Dr. Weerasinghe as the Central Bank Governor, Minister Sabry said further.

 

Speaking further, he said:  “Our loyalty is to the people of this country. No one else will stand by that. If anything causes against our conscience, we are not going to be a part of this. If anybody has any problem with that decision, it has to be with the Finance Minister. I was the Finance Minister then. I am ready to face anything. But don’t go after honest brave officials who have done what is best for the country. He never wanted this [position as the CBSL governor]. We wanted him to come.”

 

 

 

MostRead
Mobitel 1278
VideoStories
‘Welle Saranga’ arrested in Dubai; Multiple drug trafficking and murder claims surface

‘Welle Saranga’ arrested in Dubai; Multiple drug trafficking and murder claims surface

“Public trust key to a strong police service” Another 10,000 new officers to be recruited

“Public trust key to a strong police service” Another 10,000 new officers to be recruited

“Loudspeaker misuse causing public inconvenience” Police to take stern action against offenders

“Loudspeaker misuse causing public inconvenience” Police to take stern action against offenders

"Govt. will not back down" Extension of judges’ retirement age a key reform,Justice Minister insists

"Govt. will not back down" Extension of judges’ retirement age a key reform,Justice Minister insists

Wheat flour price hiked by Rs. 17;  Parata, egg roti prices to rise by Rs. 5

Wheat flour price hiked by Rs. 17; Parata, egg roti prices to rise by Rs. 5

Trump says US is taking partial control of  Venezuela's vast oil reserves

Trump says US is taking partial control of Venezuela's vast oil reserves

Sevanagala sugar factory halts production,  staff granted leave

Sevanagala sugar factory halts production, staff granted leave

Narcotics crisis persists as majority of remand prisoners  face drug-related charges

Narcotics crisis persists as majority of remand prisoners face drug-related charges

Sri Lanka extends USD 1 million  humanitarian assistance to flood-hit Nepal

Sri Lanka extends USD 1 million humanitarian assistance to flood-hit Nepal

President says no more debate on banning Perahera as Kandy Esala Perahera concludes successfully

President says no more debate on banning Perahera as Kandy Esala Perahera concludes successfully

Sri Lanka’s agriculture sector faces  growing impact from prolonged dry spell

Sri Lanka’s agriculture sector faces growing impact from prolonged dry spell

Colombo Port enters global top 20  after strong container volume growth

Colombo Port enters global top 20 after strong container volume growth

Large crowds gather in Kandy to witness historic final Randoli Perahera

Large crowds gather in Kandy to witness historic final Randoli Perahera

 Youth arrested for managing Facebook groups and pages sharing explicit images of women and children

Youth arrested for managing Facebook groups and pages sharing explicit images of women and children

 BASL raises concerns over 22nd Amendment, calls for responsible scrutiny of judiciary

BASL raises concerns over 22nd Amendment, calls for responsible scrutiny of judiciary

Lassana Flora