Skip to main content

Curtailing inflation critical to avert Zimbabwe-like scenario

Although the prevailing high interest rate regime may discourage investments, Central Bank (CB) Governor Dr. Nandalal Weerasinghe asserted that curtailing inflation is more critical for the survival of businesses over low interest rates and to avert a Zimbabwe-like scenario.
Labels:

Comments

Post a Comment

Popular posts from this blog

Sri Lanka’s creditors must take proactive steps to facilitate its recovery: Jaishankar

Indian External Affairs Minister S. Jaishankar said today that India has extended financing assurances to the IMF to clear the way for Sri Lanka to move forward because India felt strongly that Sri Lanka’s creditors must take proactive steps to facilitate its recovery.
Post a Comment
Read more