{"id":156679,"date":"2026-06-08T15:29:34","date_gmt":"2026-06-08T22:29:34","guid":{"rendered":"https:\/\/www.lankaweb.com\/news\/items\/?p=156679"},"modified":"2026-06-08T15:29:34","modified_gmt":"2026-06-08T22:29:34","slug":"sri-lanka-is-heading-into-another-massive-crisis-former-deputy-governor-warns","status":"publish","type":"post","link":"https:\/\/www.lankaweb.com\/news\/items\/2026\/06\/08\/sri-lanka-is-heading-into-another-massive-crisis-former-deputy-governor-warns\/","title":{"rendered":"&#8220;Sri Lanka is Heading Into Another Massive Crisis&#8221; \u2013 Former Deputy Governor Warns"},"content":{"rendered":"<h2><span style=\"color: #0000ff;\"><em>Insight News<\/em><\/span><\/h2>\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"&quot;Sri Lanka is Heading Into Another Massive Crisis&quot; \u2013 Former Deputy Governor Warns\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/uTxl4g-ayGA?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>Sri Lanka&#8217;s rupee is under pressure, inflation is creeping up, and the debate over &#8220;money printing&#8221; is back in the spotlight. Did the Central Bank really print Rs. 2.1 trillion? Is money printing always bad? Who is actually responsible for the rupee&#8217;s depreciation? And are we heading toward another economic crisis? In this episode of Insight, former Central Bank Deputy Governor and economist Dr. W.A. Wijewardena explains: \u2022 Why exchange rate stability is no longer the Central Bank&#8217;s primary responsibility \u2022 The truth behind the Rs. 2.1 trillion money printing claim \u2022 How external shocks are impacting inflation and the rupee \u2022 Why Sri Lanka&#8217;s real economy remains vulnerable despite IMF-backed stabilization \u2022 Whether the country risks another debt crisis \u2022 What government and citizens must do to navigate the challenges ahead Watch the full conversation and share your thoughts in the comments.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Insight News Sri Lanka&#8217;s rupee is under pressure, inflation is creeping up, and the debate over &#8220;money printing&#8221; is back in the spotlight. Did the Central Bank really print Rs. 2.1 trillion? Is money printing always bad? Who is actually responsible for the rupee&#8217;s depreciation? And are we heading toward another economic crisis? In this [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[102],"tags":[],"class_list":["post-156679","post","type-post","status-publish","format-standard","hentry","category-economy"],"_links":{"self":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/156679","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=156679"}],"version-history":[{"count":1,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/156679\/revisions"}],"predecessor-version":[{"id":156680,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/156679\/revisions\/156680"}],"wp:attachment":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/media?parent=156679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/categories?post=156679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/tags?post=156679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}