Sri Lanka's central bank governor believes it will be 'out of the woods' by next year

Sri Lanka central bank governor Ajith Nivard Cabraal said the country would pay its debts first and ensure imports of essentials with its limited foreign currency reserves. PHOTO: COURTESY OF THE CENTRAL BANK OF SRI LANKA
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COLOMBO - As Sri Lanka reels under its worst economic crisis due to dangerously low foreign exchange reserves and mounting international debts, many Sri Lankans are questioning the man steering the country's central bank.

Governor Ajith Nivard Cabraal, however, dismisses them as "Facebook economists and kerbside economists", unaware of the central bank's challenges.

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