Central Bank does it again: Shoot the messenger while ignoring the message

July 7, 2014 

The heat-up of the debate on external debt sustainability is beneficial
The Central Bank has renewed the public debate on Sri Lanka’s external debt sustainability by issuing a fresh clarification on 4 July through its Public Debt Department or PDD (available at www.cbsl.gov.lk/pics_n_docs/latest_news/press_20140704e.pdf). This is a salutary development since in democracies, the public has the right to express their views freely on action taken by authorities and the authorities have a responsibility to clarify their position on the issues raised.

Central Bank Does It Again Shoot the Messenger While Ignoring the Message by Maria Anderson