The Cabinet of Ministers approved the proposal presented by the President in his capacity as the Minister of Finance, Economic stabilization and National Policies to enter...
All banks asked to take swift measures to reduce lending rates Monetary policy easing will be paused in the near term giving space for market interest...
By Sanath Nanayakkare The Next Mutual Evaluation of the Financial Action Task Force (FATF), the global money laundering and terrorist financing watchdog has begun to creep...
By Rathindra Kuruwita Sri Lanka has made good progress in debt restructuring discussions with China, and negotiations with all parties will be concluded around the same...
By Hiran H.Senewiratne Sri Lanka’s current inflation rate is around 1.3 percent and with the stabilizing of the economy the Central Bank is to maintain a...
by Romesh Bandaranaike, Ph.D. There have been substantial and wide spread criticisms of the recently instituted Domestic Debt Restructuring (DDR) scheme carried out by Central Bank...
The Central Bank has released ‘Financial Soundness Indicators’ as a key tool for communicating the performance of banks and finance companies supervised by the Central Bank....
The new Governing Board of the Central Bank of Sri Lanka (CBSL), constituted under provisions of the recently promulgated Central Bank Act No. 15 of 2021,...
It is imperative that Sri Lanka adheres to the Anti-Money Laundering and Countering the Financing of Terrorism Framework (AML/CFT). Towards this end it needs to prioritize...
The country’s economy has contracted at the rate of 3.1% in the second quarter of 2023, according to recent data by the Census and Statistics Department....