{"id":148093,"date":"2025-02-18T17:42:47","date_gmt":"2025-02-19T00:42:47","guid":{"rendered":"https:\/\/www.lankaweb.com\/news\/items\/?p=148093"},"modified":"2025-02-18T17:42:47","modified_gmt":"2025-02-19T00:42:47","slug":"the-governments-budget-has-followed-the-exact-path-suggested-by-the-imf-so-its-supposedly-good-for-the-country-central-bank-governor-nandalal-assures","status":"publish","type":"post","link":"https:\/\/www.lankaweb.com\/news\/items\/2025\/02\/18\/the-governments-budget-has-followed-the-exact-path-suggested-by-the-imf-so-its-supposedly-good-for-the-country-central-bank-governor-nandalal-assures\/","title":{"rendered":"&#8220;The government&#8217;s budget has followed the exact path suggested by the IMF, so it&#8217;s supposedly good for the country \u2013 Central Bank Governor Nandalal assures.&#8221;"},"content":{"rendered":"<h2><span style=\"color: #0000ff;\"><em>Courtesy Lanka Leader<\/em><\/span><\/h2>\n\n\n<p>The Governor of the Central Bank, Nandalal Weerasinghe, stated that it is the government&#8217;s responsibility to act in accordance with the parameters of the IMF&#8217;s overall macroeconomic stabilization program and that, in line with this, the current budget is a good one for the country.<\/p>\n\n\n\n<p>Expressing his views on the budget in Colombo, he said:<\/p>\n\n\n\n<p>**&#8221;Looking at the targets, this time we can place greater confidence in them. Although the expected revenue target is 5 trillion rupees and the primary surplus is anticipated to be 2.3%, based on my expectations, the performance may even surpass these figures.<\/p>\n\n\n\n<p>Furthermore, implementing safeguards to absorb the short-term pressures on government securities is crucial. This would allow us to maintain stable interest rates in line with our monetary policy.<\/p>\n\n\n\n<p>If we talk about an \u2018IMF budget\u2019 as some suggest, as someone who has been involved in discussions with the IMF for many years, I can say that the commitments made to external stakeholders for achieving overall economic stability as a country have remained unchanged. Even if there is a change in administration, it is reassuring that the direction of macroeconomic policies has not shifted.<\/p>\n\n\n\n<p>In my view, this is something that must necessarily happen. Acting in accordance with the IMF\u2019s overall macroeconomic stabilization framework is not only the government&#8217;s responsibility but also a positive sign. As I see it, this is not an \u2018IMF budget\u2019 but a budget that is good for the country.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Courtesy Lanka Leader The Governor of the Central Bank, Nandalal Weerasinghe, stated that it is the government&#8217;s responsibility to act in accordance with the parameters of the IMF&#8217;s overall macroeconomic stabilization program and that, in line with this, the current budget is a good one for the country. Expressing his views on the budget in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-148093","post","type-post","status-publish","format-standard","hentry","category-politics"],"_links":{"self":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/148093","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/comments?post=148093"}],"version-history":[{"count":0,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/148093\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/media?parent=148093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/categories?post=148093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/tags?post=148093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}