Central Bank Governor, Acharya Nandalal Weerasinghe told CNBC that a recovery of the country’s economy can be seen in the second half of the year, necessary facilities have been provided for consumers to obtain essential goods, and steps will be taken to further relax import restrictions in the future. It is reported that he stated in an interview with a foreign channel.
The Governor of the Bank, who gave further comments in this regard,
“Considering the previous situation and the current situation, there is no shortage of any essential food item. Also, the price of fuel and gas is going down. The government has now released many import restrictions and is working to release more import restrictions in the future.”
“All the data shows that consumer confidence is back. Also, the rupee has been strengthening over the course of this year. And you can see that the stock market price index has been very positive. So, with the increase in consumer appetite, the demand is now picking up.” So we can see the economic recovery in the second half of the year and we think it will continue.”
