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Central Bank should be made independent: Wijeyadasa

Government MP Wijeyadasa Rajapakshe said a decision should be taken to make the Central Bank of Sri Lanka independent.

Speaking during the debate in Parliament yesterday, MP Rajapakshe said the Central Bank initially functioned in an independent manner making fiscal policies.

“However, the entity was politicised especially with new appointments. The bond scam was also a result of these attempts of politicisation,” he said.

He said there were senior, experienced, qualified and well-deserving officials at the Central Bank but outsiders are being appointed as Governors.

“We don’t make use of senior officers at Central Bank and then they become frustrated. I will bring this issue to the notice of the President and the Government,” he said.

Meanwhile, he said MPs in both Government and the Opposition should come together to find solutions to overcome financial issues instead of accusing each other during the Budget Debate.

He said all MPs should genuinely come together to address the issues of the public irrespective of differences.

“Then only the people will benefit from the budget debate,” he said.