Central Bank Governor shares Sri Lanka’s inflation success story



Dr. P. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, attended, by invitation, the Economic Dialogue Series held in Berlin under the theme “Inflation Kills Democracy: Fiscal Rationality as the basis of Functioning Communities” on 21 November 2023.

This event was organised by the Federal Ministry of Finance, Germany. Governor Weerasinghe presented Sri Lanka’s success story in reining in inflation following the record high acceleration in 2022. In his speech, he discussed the measures taken by the Central Bank and the Government in curtailing inflation and shared experience on the disinflation strategy and the process.

The Federal Minister of Finance of Germany, Mr. Christian Lindner; the President of the European Central Bank (ECB), Ms. Christine Lagarde; and Prof. Albrecht Ritschl, London School of Economics, also spoke at the event, among other speakers.