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Sri Lanka sought IMF advice on Central Bank restructure

Sri Lanka has sought advice from the International Monetary Fund to restructure the Central Bank according to the country’s deputy economic development minister.

A meeting took place in the backdrop of a Presidential Commission report into the Central Bank bond scam which rocked Sri Lankan politics last year, forcing the resignation of then foreign minister Ravi Karunanayake.

Deputy Minister Harsha de Silva said the advice was sought to restructure the Central Bank in keeping with global best practices, reports the Daily Mirror.