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Agency Functions
The Central Bank of Sri Lanka undertakes the following four agency functions for the Government of Sri Lanka.

Foreign Exchange Management
The foreign exchange management function in Sri Lanka is exercised on behalf of the Government by the Central Bank of Sri Lanka, through the Exchange Control Department (ECD) established under the Exchange Control Act No. 24 of 1953.

Public Debt Management
In terms of Section 113 of the Monetary Law Act, the public debt management function is entrusted to the Central Bank of Sri Lanka (CBSL). Accordingly, the CBSL acts as an agent of the Government particularly in handling domestic debt management, while several other government institutions deal with foreign debt management activities.

Regional Development
The Central Bank of Sri Lanka acts as the apex agency for various donor assisted regional development and micro finance programmes to ensure credit delivery to the lower and middle income groups in the country, by providing refinance and credit guarantees to lending banks and financial institutions for on-lending to micro, small and medium enterprises ( MSMEs ).

Management and Administration of the Employees' Provident Fund
The Employees' Provident Fund (EPF) was established under EPF Act No. 15 of 1958 where the Monetary Board as the custodian of the Fund is vested with the responsibility of receiving contributions from employers, investing excess funds, maintaining proper accounts and paying benefits to members.
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