INSUBCONTINENT EXCLUSIVE:
The Governor of Central Bank of Sri Lanka (CBSL), Dr
Nandalal Weerasinghe on Tuesday (March 26), asserted that he would not resign over the controversy surrounding the salary increase.During
the Q-A session of the special media briefing convened at the CBSL to present the second Monetary Policy Review of 2024, the Governor spoke
country includes implementation of the monetary policy, and maintaining the stability of the banking system under the CBSL Act, adding that
their legal framework and capacity, at times like these.He also went on to ask if an institution should wait until the economic crisis is
over to provide some relief to its employees
CBSL employees that raised eyebrows, the governor went on to explain that the central bank is allowed to increase salaries once every three
collective decision to consider a revision to their increased salaries.In response to a question on the suspension of Parate Law, Dr
obtain loans.He explained that the commercial banks would be more cautious and show reluctance to lend money if they were faced with
