Sri Lankan governor obeyed president’s call for credit easing – reports

W D Lakshman

The Central Bank of Sri Lanka is implementing further measures to increase the supply of credit, with some local media outlets reporting the action was taken on the orders of the country’s president.

If accurate, the reports indicate that Sri Lanka’s recently elected president is exercising a greater degree of direct control over the central bank than his immediate predecessor. 

The new measures come as the central bank suspended two more deposit-taking institutions, in a further sign that the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: