Peace for the World

Peace for the World
First democratic leader of Justice the Godfather of the Sri Lankan Tamil Struggle: Honourable Samuel James Veluppillai Chelvanayakam

Monday, December 19, 2016

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Prime Minister wants a more independent Central Bank

logoMonday, 19 December 2016
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Prime Minister Ranil Wickremesinghe, in the economic policy statement he presented to Parliament in November 2015, pledged that his Government would ‘make structural changes in the Central Bank’ enabling it to ‘engage in their work in a more independent manner’. This was a solemn promise. But the Budget speech delivered by his Minister of Finance two weeks later did not mention a word about the Government’s wish to restructure the Central Bank.