News Snapshot:
Sanat Kumara Most of the recent external debt has been financed by funding sources such as the Central Bank of Sri Lanka or monetary financing, but financial integration has been achieved by improving profits and rationalizing expenditures that may be necessary in such situations. Was difficult, RAA Jayalath, Deputy Governor of the Central Bank of Sri Lanka, said recently. He said while speaking at a high-level seminar on the topic “Confronting the Current Forex Crisis in Sri Lanka: Lessons from Global Experience”. “Therefore, large amounts of central bank lending have exacerbated the consequences of inflation and exchange rates,” he observed....
