Policy and Regulation

New Government Denies Printing of New Currency Notes, Clarifies Fiscal Practices

Minister Vijitha Herath has clarified that the new government has not printed any currency notes or taken loans from foreign institutions. The statement was made in response to a question posed by a journalist at Monday’s (28) Cabinet press conference.

Minister Herath explained that while the Central Bank of Sri Lanka regularly issues new treasury bills and bonds to replace those that have expired, this process is routine and not a sign of new currency printing. He further emphasized that no new currency notes have been printed, and dismissed recent claims of such activity as “completely fake news.”

“Although we’d like to see a currency note with the new President’s signature, nothing like that has been issued,” Herath stated, underscoring the government’s commitment to transparent fiscal practices.