By Cassendra DooleState Minister of Money and Capital Market, and State Enterprise Reforms Ajith Nivaard Cabraal said the Government hopes to bring in foreign currency by utilising resources that have been left idle. Addressing concerns raised with regard to printing money, the State Minister said that difficult actions need to be taken in order to bring the country back to a stable environment. In the meantime, the State Minister noted that banks in Sri Lanka have also been informed to be conscious and not allow the rupee to depreciate further. According to Hashim, law’s methods led to bankrupting France and that is the same path Sri Lanka is currently on. The State Minister urged both importers and exporters to act responsibly in order to bring the situation back to a manageable state.

Source: The Nation July 05, 2021 21:56 UTC