Subscribe to Central Bank of Sri Lanka RSS

News

Nation Lanka Finance PLC - Cancellation of Licence under the Banking (Special Provisions) Act, No.17 of 2023

The Central Bank of Sri Lanka (CBSL) initiated resolution actions on Nation Lanka Finance PLC (NLFP) effective from 04.07.2025 under the provisions of the Banking (Special Provisions) Act, No. 17 of 2023 (BSPA). This action was taken following NLFP’s continuous violations of the provisions of the Finance Business Act, No. 42 of 2011, despite the implementation of numerous regulatory measures by CBSL. Accordingly, Mr. P W D N R Rodrigo was appointed on the same day as the Administrator to assume full control over all assets, operations and affairs of NLFP, and to carry on the business and affairs of the company in the name and on behalf of the company.

Notice to General Public on Prohibited Pyramid Schemes

In terms of Section 83 (C) of the Banking Act, No. 30 of 1988, as amended, the Central Bank of Sri Lanka has conducted an investigation, ascertained and determined that “Infinity Rover (Pvt) Ltd” has engaged, conducted and promoted a prohibited scheme.

Further, the following Companies/Apps have also been ascertained and determined as prohibited schemes under Section 83 (C) of the Banking Act, No. 30 of 1988, as amended.

CCPI-based headline inflation accelerated further in June 2026

The Colombo Consumer Price Index  (CCPI, 2021=100) based headline inflation (year-on-year, Y-o-Y) accelerated further in June 2026, as expected, reflecting the pass-through of continued upward adjustments to domestic energy prices due to the Middle East conflict. Accordingly, headline inflation (Y-o-Y) was recorded at 6.8% in June 2026 compared to 5.5% in May 2026.

Non-Food inflation (Y-o-Y) accelerated to 8.4% in June 2026 from 7.8% in May 2026, contributing mainly to the increase in headline inflation. Food inflation (Y-o-Y) also accelerated to 3.6% in June 2026 from 0.9% in May 2026.

External Sector Performance - May 2026

The external sector performance continued to reflect the impact of the war in the Middle East, with the current account recording a deficit for the second consecutive month in May 2026.

IMF Staff Concludes Visit to Sri Lanka

An International Monetary Fund (IMF) Mission team led by Mr. Evan Papageorgiou visited Sri Lanka from 24 to 30 June 2026 to assess recent macroeconomic developments and discuss the authorities’ progress in implementing the economic reform program supported by the IMF’s Extended Fund Facility (EFF) arrangement. At the conclusion of the visit, the IMF issued the following press release on 30 June 2026, which can be accessed from the link below.

Sri Lanka PMI - Construction expanded in May 2026

The Sri Lanka Purchasing Managers’ Index for Construction     (PMI – Construction), as reflected in the Total Activity Index, increased to 59.1 in May 2026, indicating an expansion in construction activities. Most survey respondents reported a resumption of construction activities during the month, following the slowdown experienced in the April festive period.

Pages