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Mawratanews.lk | Sri Lanka Latest Sinhala News and Headlines
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The CB governor assures that the banking system, as well as the EPF and ETF funds, will be unaffected by DDR I Sri Lanka Latest News

June 29, 2023
in News
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The CBSL governor explained why the 30th was designated as a bank holiday  I Sri Lanka Latest News
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Addressing a media briefing at the Presidential Media Centre a short while ago Central Bank Governor Dr. Nandalal Weerasinghe said the banking system would not be burdened any further as it already contributes to the Treasury & economy through taxes of over 50%. He assured that the 57 million depositors would be protected 

The Central Bank Governor assured that the EPF funds already accumulated would not be touched and also guaranteed a minimum 9% interest for EPF 

The CB Governor, responding to a question posed by a journalist said Friday (30) was declared a bank holiday to prevent any speculation, until parliament approval for domestic debt restructuring is obtained 

Addressing on Domestic Debt Optimization, the CB Governor said it was vital to protect the banking sector as a collapse of the country’s banking sector would have catastrophic consequences- 

PMD

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