Still we don't know whats our budget deficit is.
I know it's a sensitive issue but its time to curtail some subsidies and bring back the coperate tax rate to previous level(28% still it's lowest rate in our region). If we continue on this deteriorating budget deficit trend we will turn up like Greece where end of the day people lost there pension and subsidies all together.
Printing money to pay off maturing bonds and bills and artificially holding rates down continuously for long period of time to boost credit is not sound economic management.
http://www.economynext.com/Sri_Lanka_prints_more_money_in_December,_rupee_falls-3-3857-3.html