New CB Governor stresses the need for alternate economic policy

New CB Governor stresses the need for alternate economic policy

Sri Lanka will have to follow an alternate economic policy without being caught up in between the neo-liberalism intervention and Washington consensus of stabilise, privatise and liberalise, new Central Bank (CB) Governor Prof. W.D. Lakshman emphasised at a media conference in Colombo on Friday.In future, it is necessary to consider the economy holistically, with an understanding of how each sector affects the others, he said adding that the rapid and self-reliant development needs to be created, and this requires state planning,