Sri Lanka, Dec. 22 -- A temporary, slight increase in Inflation may occur due to breakdowns in the Supply Chain caused by recent natural disasters, but the situation will normalise within a short period of about 2 months, stated Central Bank Governor Dr. Nandalal Weerasinghe.

He noted that, even if Inflation, currently at 2%, rises to a range of 3%-5%, it would not be a reason to increase Interest rates.

The Governor made these remarks at a seminar held on Saturday (20) at the Kandy City Centre. The event aimed to inform Small and Medium-sized Entrepreneurs in the Central Province about the support available from State and private Banks to rebuild Businesses damaged by the natural disasters.

Organised based on an idea by Kandy City Cen...