“Global Finance Magazine” has only 9,693 followers on Twitter, 8,300 followers on Facebook & a worldwide “circulation” of just 50,000. Its web presence is very sketchy and the profiles of the editor, founder, etc. provides no proper information.
It’s also reported that Ravi Karunanayake was selected as the World’s Best Finance Minister by this same Magazine in 2016.
Central Bank adds to the controversy by tweeting that it’s Governor Dr Nandalal Weerasinghe has been rated “A-” by the “Global Finance Magazine” based “on inflation control, economic growth goals, currency stability, & interest rate management”. This seems a joke since Sri Lanka announced bankruptcy, experienced its highest inflation & interest rates, suffered quarterly economic contractions of over 10% per quarter, and the LKR displayed wide fluctuations, during Weerasinghe’s tenure.
