The Central Bank of Sri Lanka Bill, which will be the governing legislation of the Central Bank of Sri Lanka (CBSL) once it is enacted, has been presented to Parliament. Further, it is in the public domain for comments.

In this regard, the Governor of the CBSL, Dr. P Nandalal Weerasinghe will deliver a public lecture in Sinhala medium on the proposed Bill followed by a discussion with a panel of resource persons where the audience will be given an opportunity to clarify concerns, if any.

The event, which is orgainsed by the Centre for Banking Studies of CBSL, will be held on 16 March 2023 from 02.30pm to 4.30pm at the Auditorium of Centre for Banking Studies, No 58, Sri Jayawardenepura Mawatha, Rajagiriya.

Interested parties are invited to attend the event. The lecture will also be livestreamed via official YouTube channel and Facebook page of CBSL.

The Central Bank of Sri Lanka (CBSL) has implemented several schemes of debt moratoria and concessions to assist the borrowers affected by the COVID-19 outbreak and subsequent macroeconomic developments, through Financial Institutions (FIs) supervised by CBSL. These schemes included extended repayment periods, concessionary rates of interest, working capital loans, debt moratoria and restructuring/rescheduling of credit facilities for affected borrowers.

These concessions greatly assisted the small and medium enterprises of many affected sectors including tourism, apparel, plantation, information technology, logistic service providers, transportation, operators of school vans, lorries, small goods transport vehicles and buses, and private sector employees. The last phase of the moratoria granted to COVID-19 affected borrowers of the banking sector and Non-Banking Financial Institutions (NBFIs) Sector ended on 30.06.2022 & 31.03.2022, respectively.