“Sri Lanka Socio Economic Data – 2019”, the annually published data folder of the Central Bank of Sri Lanka, is now available for public information. The current data folder is the 42nd volume of the series.

This easy-to-carry booklet contains information categorized under 14 topics, namely, Country Profile; Key Economic Indicators; Country Comparisons; Socio Economic Conditions; Human Resources; National Accounts; Agriculture; Industry; Economic and Social Infrastructure; Prices and Wages; External Trade and Tourism; External Finance; Government Finance; and Money Banking and Finance.

As the data folder presents a wide range of socio economic data of current interest in summary form, it will be a very useful reference material for policy makers, researchers, academics, professionals, students and the general public.

TKS Finance Limited (TKSF), a Licensed Finance Company under the Finance Business Act, No. 42 of 2011 (FBA), has continuously been violating/contravening the provisions of the FBA and several Directions and Rules issued thereunder. Further, financial condition of TKSF is not satisfactory due to deficient capital level, poor asset quality, continuous losses and failure in repaying depositors’ money on demand or at maturity, etc.

Despite several time extensions granted to TKSF by the Monetary Board of the Central Bank of Sri Lanka (Monetary Board) to comply with the provisions of the FBA and Directions and Rules issued thereunder, no satisfactory progress was made in order to revive the critical condition of TKSF and to comply with such provisions, directions and rules.