Joint chambers welcome new Governor and Fin. Min. Secretary

The business chambers in the country yesterday welcomed the appointment of two experienced professionals to the posts of the Central Bank Governor and Finance Ministry Secretary.

As the businesses continue to face mounting pressures, due the ongoing economic turmoil, the chambers, in a joint statement yesterday expressed their support to the decision.

“… wish both of them all success. We also extend our fullest cooperation to the new appointees in navigating the Sri Lankan economy out of its current predicament,” the chambers said in the collective statement to the media.
While the hot seat at the Finance Ministry remains vacant after former Justice Minister Ali Sabry resigned from the appointment just a day after he was offered the post, the joint chambers said they believe that the immediate appointment of a Finance Minister is critical.

It stressed that it is essential to urgently fill the seat, as the country’s economic management team must soon prepare for the forthcoming discussions with the IMF and the commencement of the long-delayed debt restructuring process.