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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.

The Central Bank of Sri Lanka further reduces the Overnight Policy Rate (OPR)

The Monetary Policy Board decided to reduce the OPR by 25 bps to 7.75% at its meeting held yesterday, thereby easing monetary policy further. The Board arrived at this decision after carefully considering the developments both domestically and globally. The Board is of the view that this measured easing of monetary policy stance will support steering inflation towards the target of 5%, amidst global uncertainties and current subdued inflationary pressures. 

SL Purchasing Managers’ Index (PMI) – April 2025

Purchasing Managers’ Indices indicate the seasonal contraction in Manufacturing activities and an expansion in Services activities in April 2025.

Central Bank of Sri Lanka Launches the Sustainable Finance Roadmap 2.0

The Central Bank of Sri Lanka launched the Sustainable Finance Roadmap 2.0 on 05 May 2025 at the Atrium of CBSL, marking a key milestone in its continued efforts to foster a climate-resilient and socially inclusive financial system.

External Sector Performance – March 2025

The external sector of the Sri Lankan economy continued to strengthen in March 2025, with the highest monthly current account surplus recorded since the commencement of compiling monthly current account statistics in January 2023.

CCPI in April 2025 signals a further easing of deflationary conditions

The easing of deflationary conditions that commenced in March 2025 continued into April 2025, in line with the Central Bank’s near-term projections. Accordingly, headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2021=100),  recorded a slower pace of deflation at 2.0% in April 2025 compared to the deflation of 2.6% recorded in March 2025.

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