Central Bank Governor Dr. Nandalal Weerasinghe stated that the future remains highly uncertain.
He made these remarks while attending the Finance Committee meeting held in Parliament on Friday (13).
Responding to a question raised by the Acting Chairman of the Finance Committee, MP Rauff Hakeem, regarding the current military situation, the Governor said that Indian Prime Minister Narendra Modi had emphasized the need to reduce fuel consumption under the current circumstances last week.
He further noted that Prime Minister Modi had made this statement despite India having foreign reserves amounting to $700 billion.
Dr. Weerasinghe said that if the current uncertain global situation continues, Sri Lanka could face a more vulnerable position.
He also stated that it is difficult to predict what will happen over the next three months due to the rapidly changing global developments.
Meanwhile, Acting Committee Chairman Rauff Hakeem pointed out that India has already instructed public sector employees to work from home and said that Sri Lanka’s Ministry of Finance should also pay attention to such measures.
Aruna Newspaper
