MP Gammanpila on the CBSL’s step-motherly treatment of EPF
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In addition to the provident fund of the general public, CBSL also maintains a separate provident fund for its officers […] CBSL invested its funds in places where it could get the highest returns and credited an interest of 29% from the [its] provident fund to the accounts of its officers. Yet, the general public was only given a paltry interest of 9% after [the CBSL]…
Udaya Gammanpila’s Official Facebook Page | July 4, 2023
Posted on: 10 August, 2023

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MP De Silva exposes EPF & ETF exposure to govt bonds
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The majority of Sri Lanka’s domestic debt is in treasury bonds. We have [almost 9,000 billion] worth of treasury bonds….44.5% of that is in banks….43% was borrowed from EPF & ETF
Daily FT | April 20, 2023
Posted on: 25 May, 2023

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