The Central Bank of Sri Lanka Increases the Already High salaries of Employees by 70 % across the Board while Preaching to the Suffering Public to Tighten their Belts and Pay Higher Taxes for the Country’s Benefit
By Kishali Pinto -Jayawardene An exceedingly strange ‘logic’ underlines Governor of the Central Bank Nandalal Weerasinghe’s claim that bringing legislative controls to prevent the Central Bank granting gargantuan salary hikes to its employees from the highest level to the lowest office assistant, will impact on the ‘independence’ of the Bank. Morality or the law? This …