header logo
Mogo Academy
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

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 Upahara
VideoStories
“AI and digital platforms reshaping global media” 'Media Fest 2026' delves on future of journalism

“AI and digital platforms reshaping global media” 'Media Fest 2026' delves on future of journalism

"Public interest must be prioritized" Govt.'s move to extend retirement age of judges hits roadblock

"Public interest must be prioritized" Govt.'s move to extend retirement age of judges hits roadblock

How can Sri Lanka bypass secondary sanctions? Ex-Foreign Sec. explains SL's options on Hyde Park

How can Sri Lanka bypass secondary sanctions? Ex-Foreign Sec. explains SL's options on Hyde Park

“Tsunami towers are not used to detect disasters”-DMC Chief bemoans lack of resources

“Tsunami towers are not used to detect disasters”-DMC Chief bemoans lack of resources

“AI and digital platforms reshaping global media”  'Media Fest 2026' delves on future of journalism

“AI and digital platforms reshaping global media” 'Media Fest 2026' delves on future of journalism

"Public interest must be prioritized" Govt.'s move to extend retirement age of judges hits roadblock

"Public interest must be prioritized" Govt.'s move to extend retirement age of judges hits roadblock

How can Sri Lanka bypass secondary sanctions? Ex-Foreign Sec. explains SL's options on Hyde Park

How can Sri Lanka bypass secondary sanctions? Ex-Foreign Sec. explains SL's options on Hyde Park

“Tsunami towers are not used to detect disasters” - DMC Chief bemoans lack of resources

“Tsunami towers are not used to detect disasters” - DMC Chief bemoans lack of resources

Govt exerting influence over country's judiciary – Opposition Leader accuses

Govt exerting influence over country's judiciary – Opposition Leader accuses

Sri Lanka to strengthen preparedness for potential El Niño-related climate changes

Sri Lanka to strengthen preparedness for potential El Niño-related climate changes

Sri Lanka’s dengue death toll rises to 47 as cases exceed 67,000

Sri Lanka’s dengue death toll rises to 47 as cases exceed 67,000

Middle East conflict disruptions weigh heavily on Asia’s economic outlook, ADB warns

Middle East conflict disruptions weigh heavily on Asia’s economic outlook, ADB warns

Dengue cases remain high in Western Provincewith nearly 35,000 cases reported

Dengue cases remain high in Western Provincewith nearly 35,000 cases reported

Appeals Court postpones further consideration of Suresh Sallay’s petition until July 14

Appeals Court postpones further consideration of Suresh Sallay’s petition until July 14

Opposition Leader accuses govt of exploiting parliamentary rules to silence MPs

Opposition Leader accuses govt of exploiting parliamentary rules to silence MPs

Lassana Flora