President Wickremesinghe says money printing is prevented
We put the Central Bank there [in charge] without meddling in it. Henceforth, according to the law, we won’t be able to print money. We have lost our ability to borrow (obtain loans) from the Bank of Ceylon and the Peoples' Bank. Although it is tough, we have taken these steps to control inflation.
Rupavahini News | October 21, 2023
Posted on: 9 November, 2023
True
CBSL Governor corrects the record on “money printing”
The total base money printed in 2021 was Rs. 344 billion, whilst the net basis reserve money issued in 2022 was below Rs. 40 billion.
Daily FT | February 11, 2023
Posted on: 27 April, 2023
True
Anura Kumara Dissanayake over-estimates money printing, on the face of it.
From the day this government came into power to March this year, LKR 831 billion has been printed.
Mawbima | May 3, 2021
Posted on: 25 June, 2021
Partly True
Money printing: MP Champika Ranawaka right on the money
Rs. 130 billion has been printed from November 1 to December 1
Aruna | November 12, 2020
Posted on: 21 January, 2021
True