G20 not sensitive to emerging market issues

Reflecting the sentiments of Bank Indonesia Governor Perry Warjiyo, Central Bank of Sri Lanka (CBSL) Ajith Nivard Cabraal asserted that the G20 intergovernmental forum is not sensitive as it should be towards the issues faced by emerging nations.

Speaking to Bloomberg recently, he said the sensitivities with regard to funds flow as well as outflows, needs to be looked at by the richer countries such issues can be considered in the reform efforts.

“So I do agree with the Governor (Warjiyo) very much because I think that's an area that we need to all recognize and ensure that it does happen on the ground, rather than on paper,” said Cabraal.