Sri Lanka's Mendis on central bank governance

In a speech given on 29 January (published 11 Feb) Sunil Mendis of the Central Bank of Sri Lanka said the strategic plan of a central bank should be formulated in such a way that it strategically links its goals, objectives and action plans to the primary tasks of conducting monetary policy and attaining financial stability.

"Like any other corporate entity, the central bank also has a mission of achieving a long term objective, that is, macro economic development through maintaining price

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