Sri Lanka’s inflation is anticipated to gradually stabilise around the targeted level of five per cent over the medium term, following a short-lived acceleration of inflation...
A press release issued by the Central Bank of Sri Lanka states that the Monetary Policy Board of the CBSL, at its meeting held on 22...
By Sanjeewa Jayaweera The headline on page one of the Sunday Island of 07 January 2024 read, “CBSL Governor urges public to become informants to boost...
ECONOMYNEXT –Central Bank Governor Nandalal Weerasinghe urged the public to become informants to broaden the tax net and thus reduce both overall direct and indirect taxes....
Approximately 63,000 Sri Lankans found employment in Saudi Arabia in 2023, and their remittances account for about 15 to 20 percent of total remittances sent by Sri...
The banking sector has recovered less than 0.5% of total loans with the help of Parate execution, the governor of the Central Bank of Sri Lanka,...
Western province increased its share in nominal GDP to 43.4 per cent, continuously tightening the grip on the country’s economy during 2022. The strong presence of...
Killing the duck or goose that lays golden eggs is a metaphorical cautionary tale that serves as a reminder for everyone to consider the sustainable and...
The government should do more to protect low-income earners, the Governor of the Central Bank, Dr. Nandalal Weerasinghe said on Thursday (21) during a televised interview....
The Asian Development Bank (ADB) has approved a $200 million concessional loan to the government of Sri Lanka to help stabilise the country’s finance sector following...