header logo
Vallibel FD
vallible LE
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.

 

 

 

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them (mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Comments

0
Comments are disabled

Note: Due to legal constraints, the Ada Derana Editorial team has taken a decision to disable comments on all articles concerning ongoing court procedures.

MostRead
Mobitel 1278
VideoStories
Will island-wide power cuts end in three days? Govt. says situation will return to normal tomorrow

Will island-wide power cuts end in three days? Govt. says situation will return to normal tomorrow

 Namal Rajapaksa’s Secretary granted bail; Court imposes travel ban, case fixed for December

Namal Rajapaksa’s Secretary granted bail; Court imposes travel ban, case fixed for December

 More factions demand the release Gnanasara Thero; Govt. maintains it cannot override court ruling

More factions demand the release Gnanasara Thero; Govt. maintains it cannot override court ruling

Sarvajana Balaya seeks to emerge as main challenger to Govt

Sarvajana Balaya seeks to emerge as main challenger to Govt

 One-hour daily power cuts from today. Island-wide interruptions until Oct. 21 - NSO

One-hour daily power cuts from today. Island-wide interruptions until Oct. 21 - NSO

 Patali reveals details of pardons granted by President AKD. 334 prisoners pardoned in 2025 and 2026

Patali reveals details of pardons granted by President AKD. 334 prisoners pardoned in 2025 and 2026

 Protests and marches held across Sri Lanka in support of Galagoda Aththe Gnanasara Thero

Protests and marches held across Sri Lanka in support of Galagoda Aththe Gnanasara Thero

 China-backed Colombo Port logistics hub project abandoned. SLPA to pursue new facility

China-backed Colombo Port logistics hub project abandoned. SLPA to pursue new facility

President says govt will not go against Supreme Court verdicts; 'They can shout all they want'

President says govt will not go against Supreme Court verdicts; 'They can shout all they want'

Pinnacle and Chuda Manikya donated by Thailand  to Mihindu Maha Stupa ceremonially unveiled

Pinnacle and Chuda Manikya donated by Thailand to Mihindu Maha Stupa ceremonially unveiled

Court orders postmortem examination and thorough investigation  into tusker Kawanthissa's death

Court orders postmortem examination and thorough investigation into tusker Kawanthissa's death

Buddhist monks continue to occupy Viharamahadevi Park  demanding Gnanasara Thero's release

Buddhist monks continue to occupy Viharamahadevi Park demanding Gnanasara Thero's release

Taxes pose challenges to Sri Lanka’s tourism sector  - British High Commissioner Andrew Patrick

Taxes pose challenges to Sri Lanka’s tourism sector - British High Commissioner Andrew Patrick

CIABOC officers seize safe following search of  Namal Rajapaksa’s Secretary’s home

CIABOC officers seize safe following search of Namal Rajapaksa’s Secretary’s home

Sri Lanka hit by nationwide electricity blackout: System fully restored as cause of outage probed

Sri Lanka hit by nationwide electricity blackout: System fully restored as cause of outage probed

Lassana Flora
Lassana Flora