Sri Lankan central bank rejects finance minister’s accusation
Bank says it followed existing law in issuing and re-issuing bonds
Sri Lanka's central bank has said it acted properly over the recent issuance of certain government bonds, contradicting a recent statement by the country's finance minister.
The central bank's statement appears to be in response to an allegation by Sri Lankan finance minister Ravi Karunanayake, although it does not name him. The finance minister issued a statement to local media on February 27 saying the central bank had not followed the correct protocol for issuing bonds "in the recent past".
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