Based on several accusations and criticisms against Nandalal Weerasinghe, the Governor of the Central Bank of Sri Lanka, which could form the basis for calls for his resignation. These are summarized as follows:
Premeditated Debt Default: It is alleged that Nandalal Weerasinghe orchestrated Sri Lanka’s unprecedented debt default in April 2022 without parliamentary approval. This decision, seen as aligned with IMF strategies, severely impacted Sri Lanka’s economy, leading to economic contraction, job losses, and an increased cost of living.
Alignment with IMF Policies: Weerasinghe is accused of closely aligning with the IMF’s austerity-driven policies, which included restructuring and privatizing state assets, increasing taxes, and cutting government spending. Critics argue that these measures worsened the economic situation and prioritized debt repayment to external creditors over the welfare of Sri Lankan citizens.
Economic Sabotage: The document suggests that Weerasinghe may have been part of a broader conspiracy to bankrupt the country, with actions like allowing significant currency depreciation, high interest rates, and trade liberalization policies that allegedly favored international financial interests at the expense of domestic stability.
Undermining Alternative Solutions: Weerasinghe and other economic advisors are accused of discrediting alternative, locally-focused recovery solutions that could have mitigated the crisis. They allegedly pushed a narrative that portrayed IMF intervention as the only viable solution, sidelining voices advocating for more sustainable economic models.
Given these accusations, calls for the Governor’s immediate resignation may stem from perceptions of mismanagement, loss of national sovereignty, and prioritization of external interests over the welfare of Sri Lanka's people.
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- The Conspirators.pdf
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