The central bank of Sri Lanka manages the country's currency and economic policy and has been accused of operating like the IMF.
1 report, 1 independent
Updated Jun 15
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What happened
The central bank of Sri Lanka manages the country's currency and economic policy and has been accused of operating like the IMF.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Central Bank officials, including Governor Nandalal Weerasinghe, were questioned regarding NDB fraud.Sub-event
Central bank's role in Sri Lanka is noted, with accusations of operating similarly to the IMF.1 source
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The entities involved
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central bank
public institution that manages a state's currency, money supply, and interest rates
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Sri Lanka
island country in South Asia
Related events
- The International Monetary Fund and World Bank commended Sri Lanka's economic recovery.
- The government of Sri Lanka is pursuing structural reforms as part of the ongoing program with the International Monetary Fund.
- The central bank of Sri Lanka is adjusting interest rates and undergoing external debt restructuring as part of the IMF programme.
- The IMF set a reform agenda for Sri Lanka, noting that West Asia conflict repercussions are affecting trade.
- The International Monetary Fund is a key stakeholder in the economic recovery of Sri Lanka.