The CBSL Executive Officers Union in a press release states, that they vehemently condemn the despicable attack by mobs on peaceful protests that have been continuing for more than a month.
“We also emphasize the importance of conducting an independent investigation to identify the perpetrators of these attacks and bringing them before the court of law without delay.”
After consistently ignoring the recommendations of the professionals at the Central Bank of Sri Lanka (CBSL), the responsible parties have taken the initial step to enter into a program with the International Monetary Fund (IMF). “We firmly emphasize the importance of formulating and implementing medium and long-term economic and structural reforms to address the current acute economic crisis and to reduce the risk of recurrence.”Further, endorsement of effective measures, as soon as possible such as working with the IMF and the World Bank, and entering into bilateral or multilateral agreements with allied countries is quintessential. However, engaging in activities that violate the freedom of the peaceful assembly, freedom of expression, etc., and enforcing repressive laws that encourage such violations may adversely affect international cooperation.
Representing the executive officers of CBSL exclusively, our Union continues to extend its technical assistance in taking all the progressive measures to strengthen the entire financial system and the already weakened economy.
In such a situation, the Parliament has a greater responsibility, including restoring political stability and enacting legislation to implement required reforms. As the Central Bank Executive Officers’ Union, we urge all political parties and groups to make an active and genuine contribution to resolving the current economic crisis as attaining economic stability would be impossible without having political and social stability.