CBSL report doctored for political reasons: MP Harsha de Silva

Amani Nilar | Published: 3:08 PM May 2 2021
Local CBSL report doctored for political reasons: MP Harsha de Silva

Parliamentarian Harsha de Silva says that the annual report of the Central Bank of Sri Lanka for the year 2020 has been doctored due to political reasons.

According to MP De Silva, fraudulent cash accounting has occurred when compiling the annual report of the Central Bank of Sri Lanka for the year 2020, which cannot be approved by the Auditor General.

In a thread of tweets, the MP alleges that the budget deficit for 2020 should be 14% although the annual report says that the budget deficit is at 11%.

MP De Silva says that the report mentions that the CBSL was directed by the Ministry of Finance to shift 2020 expenses to arrears from 2019.

"Can’t blame the CBSL as it in its 2019 Annual Report correctly reported the figure which has now been changed in 2020." the MP says.

“The Government of Sri Lanka follows the cash accounting method. This means that any amount received or spent is recorded at that point, immaterial of what period it was for. It has been done this way every year. This year it has been fraudulently doctored for the first time due to political reasons,” he adds.

Amani Nilar | Published: 3:08 PM May 2 2021

More News