Petroleum imports had increased by 1,500 million in 2011 and the central bank was keen not to curtail imports as they were necessary to keep the economy ticking, Central Bank Governor Nivard Cabraal stated..
Mr. K D Ranasinghe, Assistant Governor mentioned that the bank had already made a proposal but the terms had to be worked out.http://www.lbt.lk/news/business/953-billion-facility