Former Central Bank Governor Mr Ajith Nivard Cabral said that it is unacceptable that the Central Bank invested the money of the Employees’ Provident Fund in bonds at 30% interest and now decided to give only 9% interest to the employees. Sri Lanka Latest News
He said that the country would not develop because the International Monetary Fund came to the country.
So he questioned how Fitch Ratings has downgraded Sri Lanka’s domestic credit rating.