President, CB officials discuss economic impact due to COVID-19

1 April 2020 03:01 pm Views - {{hitsCtrl.values.hits}} 3 Bookmark

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President Gotabaya Rajapaksa today held a discussion with the Governor of Central Bank of Sri Lanka (CBSL) and other senior officials to assess the emerging macro-economic conditions due to the impact of COVID-19 pandemic.

President’s Media Division said that the steps taken by the CBSL to manage the operations of the Bank to provide liquidity and access to finance were also discussed during this meeting.

The President also enquired into the issues connected with the management of Foreign Exchange Budget and external reserves. He urged the CBSL officials to maximum confidence building measures are taken for the investors in the Sri Lanka Sovereign Bonds.

President Rajapaksa instructed that the CBSL should ensure that all the banks are kept open. The Bank officials were also instructed to workout post-COVID- 19 economic strategies.

Secretary to the Treasury, the CBSL Governor and its three Deputy Governors, Assistant Governor in charge of Bank Supervision and Director of Information Technology participated at the discussion.

Comments - 3

bandara Thursday, 02 April 2020 08:08 AM

Start from digital currency regime swiftly (30 days enough to be fully operational) and do away with paper Rupees with contributed to 100% of virus circulation amongst the people. China is a poor country but already 10 years ahead of us.

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Andrew Silva Thursday, 02 April 2020 10:14 AM

If the President is serious to Improve the economy of the country he should bring the two most corrupt individuals who raked Billions of rupees to other countries plus the others. President Gotabaya is the only person who can do this,if he can put away friendship and relationship for the sake of the country like a straight forward Ancient King. First the two are Cabral and Mahendran. The relations are the Rajapaksha clang.

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Anthony. Thursday, 02 April 2020 02:13 PM

Let the Brains do the needful , Not the Muscles. The defence Secretary is trying to dress the masses as Cattle, stop the lies.

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