Sri Lanka, April 9 -- Finance Minister Mangala Samaraweera has presented praise worthy budget which is not a burden to the economy despite several elections on the cards for 2019, said Governor Central Bank Indrajit Coomaraswamy at the second Monetary Policy review press briefing at CBSL auditorium yesterday.

The Budget is a workable one and does not contain too much of uncalled for expenditure despite several elections looming, he said.

The CBSL, meantime at its meeting yesterday, decided to maintain policy interest rates at their current levels and the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank will remain at 8% and 9%, respectively."

The Board was also of the view that, if...