Posted on June 18th, 2020

Malin Abeyatunge

President Gotabaya Rajapaksa, yesterday, faulted the top echelons of the Central Bank (CB) over their failure to come up with strategies to overcome the unprecedented economic crisis facing the country.

 Without a wink, he had quite rightly hit the nail on the head. In fact, ordinary citizens might be wondering what’s these top head Central  Bankers have been doing in the past to the country’s economic health rather than just sitting in their comfort zone.

Nothing will progress be it private or public, if the top head is heavy. The CB top head may be having hundreds of PHDs, Masters, and all other postgraduate qualified people but yet Central Bank has been stagnating in one place over the years DUE TO LACK OF DYNAMIC THINKING.  yet if no one takes decisions or try to look at problems facing by the country beyond the normal box, there will not be any progress.

I think the moment has come for President Gotabaya to take steps to get rid of the sleepy lethargic top Central Bankers and replace them with young dynamic educated, skilled and talented staff even from the private sector who can think beyond the box instead of the current rot who run the CB.

Malin Abeyatunge

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