Money printing and Net Foreign Assets Source: Economynext

Money printing and Net Foreign Assets Source: Economynext

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The Sri Lankan economic crisis of recent years has drawn signi icant attention from scholars, institutions, and policymakers alike, prompting an in-depth analysis of its root causes and implications. This paper employs a comprehensive approach to dissect the crisis, drawing from a myriad of sources, including academic works, governmental reports, a...

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... Money Printing, tax-cuts and inlation: The Central Bank of Sri Lanka resorted to money printing, leading to concerns about inlation (Figure 2). Ill-advised tax cuts affecting government revenue and access to overseas markets Critics argued that excessive money printing led to increased demand for goods and services, contributing to inlationary pressures (Saliya 2022). ...

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