A robust critical discussion is going about regarding how the current Central Bank Governor, Dr. Nandalal Weerasinghe, acts, issues statements and the words used in those statements. It is being defined that his statements are more idiotic than those of the Government Media Spokesman, Minister Bandula Gunawardena.
The closest example is several statements made to the Sunday Lankadeepa newspaper published on the 3rd. It was stated that the loan optimization had been hampered due to the filing of a lawsuit based on wrong information regarding the cancellation of the loan taken by the government from the Employees Provident Fund. Also, he has used derogatory words such as “Professor Pattama” regarding economics professors who disagree with their opinions.
There has been. extensive investigation among economic analysts regarding the spread of pyramid schemes across the country on a large scale in almost one and a half years since he assumed that position and also regarding microfinance loans that have become predatory to the point where people’s lives are being taken away, and the inability to handle commercial bank loan interest rates properly due to the lack of proper regulation of financial companies.
