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.

Comments

Popular posts from this blog

Deposit Rs. 13mn for uninterrupted power for Kandy Esala Perahera: CEB tells Nilames

MP Lakshman Kiriella said the Ceylon Electricity Board (CEB) has informed the Nilames and organizers of the Kandy Esala Perahera to deposit a sum of Rs. 13 million in order to supply an uninterrupted power supply for the festival.

Schools in Colombo, Gampaha and Kalutara cannot be opened: GL

Schools in Colombo, Gampaha and Kalutara Districts cannot be reopened now, Minister of Education Professor G. L. Peiris told Parliament yesterday.

පාස්කු බෝම්බ කොමිසමේ වෙලුම් 04ක් මන්ත‍්‍රීවරුන්ට දී නෑ… විවාදයට පෙර එය ලබා දිය යුතුයි..

එබැවින් එම කොමිෂන් සභාව විසින් විමර්ෂණයට සහ පරික්ෂණයට ලක් කල සාක්ෂි හා අදාල ලියකියවිලි ඇතුලත් දෙවන වෙළුමේ සිට පස්වන