The Central Bank of Sri Lanka (CBSL) has recently observed advertisements published in the print and social media that promote overseas investments in immoveable properties (overseas property investments) among Sri Lankan resident individuals. Such advertisements also offer guidance on obtaining foreign financing for such investments.
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Advertisements Promoting Overseas Property Investments
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The Central Bank of Sri Lanka, Ministry of Finance, and the International Monetary Fund Co-host the Conference on Sri Lanka’s Road to Recovery: Debt and Governance
The Central Bank of Sri Lanka (CBSL), in collaboration with the Ministry of Finance and the International Monetary Fund (IMF), co-hosted the high-level conference on ‘Sri Lanka’s Road to Recovery: Debt and Governance’ on 16 June 2025 at the Shangri-La Colombo. The event brought together key policymakers, global stakeholders, as well as private sector and civil society representatives, to deliberate on Sri Lanka’s recovery under the IMF-supported reform programme.
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SL Purchasing Managers’ Index (PMI) – May 2025
Purchasing Managers’ Indices indicate improvements in both Manufacturing and Services activities in May 2025.
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Relief Measures to Assist the affected Small and Medium Enterprises
The Central Bank of Sri Lanka (CBSL), with a view to facilitating sustainable revival of businesses that were adversely affected during the recent past has advised the licensed commercial banks and licensed specialised banks (hereinafter referred to as licensed banks) to provide further concessions to those SME borrowers who commenced discussions for business revival with the respective banks by 31.03.2025. These relief measures are in line with Circular No. 04 of 2024 dated 19.12.2024 on Relief Measures to Assist the affected SMEs and the Addendum Circular No. 01 of 2025 dated 01.01.2025.
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The First Deputy Managing Director of the International Monetary Fund to Visit Sri Lanka
Dr. Gita Gopinath, the First Deputy Managing Director (FDMD) of the International Monetary Fund (IMF), is scheduled to visit Sri Lanka from 15-16 June 2025.
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CCPI in May 2025 indicates a continued easing of deflationary conditions
The easing of deflationary conditions continued in May 2025, in line with the Central Bank’s near-term projections. Accordingly, the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2021=100) reflected a slower pace of headline deflation at 0.7% in May 2025 compared to the deflation of 2.0% recorded in April 2025
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External Sector Performance – April 2025
Reflecting the resilience of the external sector, the monthly current account has remained in surplus since January 2025.
The merchandise trade deficit widened in April 2025 compared to both April 2024 and March 2025. This was as a result of merchandise imports growing at a higher pace (17.5 %, y-o-y), mainly driven by imports of motor vehicles (US dollars 134 million), compared to the growth in merchandise exports (10.4 %, y-o-y).
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Sri Lanka PMI - Construction indicates a seasonal contraction in April 2025
Reflecting the seasonal slowdown in construction activities during the Sinhala and Tamil New Year period, Sri Lanka Purchasing Managers’ Index for Construction (PMI - Construction), as indicated by the Total Activity Index, declined to 41.4 in April 2025. However, the seasonal dip in April 2025 was less pronounced than in the corresponding month in the previous year. Survey respondents mentioned that most of their construction sites were temporarily closed for an extended period during the month due to the New Year celebrations.
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Central Bank of Sri Lanka holds the Financial Stability Conference to celebrate the 75th Anniversary
The Central Bank of Sri Lanka held the Financial Stability Conference on 23 May 2025 in Colombo, to celebrate its 75th anniversary and as a landmark event to highlight Sri Lanka’s success story in overcoming economic challenges faced during the recent past while preserving the financial system stability. Bringing together regional and international expertise, the Conference provided a valuable opportunity for sharing experiences and insights on financial stability challenges and policy responses, benefiting both domestic stakeholders and international participants.
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Central Bank of Sri Lanka hosted the FSB RCG Asia Meeting in Colombo on 22 May 2025
Financial Stability Board (FSB) Regional Consultative Group for Asia (RCG Asia) met on 22 May 2025 in Colombo. Central Bank of Sri Lanka hosted the meeting for the second time, following the successful hosting of the RCG Asia meeting in April 2024.