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A Commemorative Coin to mark the 100th Anniversary of Visakha Vidyalaya, Colombo 5

The Central Bank of Sri Lanka (CBSL) issued an uncirculated silver commemorative coin with a face value of Rs. 2000 to mark the 100th Anniversary of Visakha Vidyalaya, Colombo 05 in recognition of its contribution to the nation as a premier school in the country.

The first coin was officially presented to His Excellency the President Maithripala Sirisena by Dr.Indrajit Coomaraswamy, Governor of CBSL, at the ceremony held at the Jeremias Dias Hall of Visakha Vidyalaya, Colombo 05 on 23.01.2017.

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Statement issued by the Monetary Board on measures taken with respect to the Employees Provident Fund

There have been several media reports recently raising concerns with respect to the Employees’ Provident Fund (EPF).

An internal examination is currently underway under the direction of the Monetary Board on transactions of EPF in Government securities during 2015 and 2016. The law enforcement authorities have also been requested to carry out an external independent investigation into the issuance of Government securities in 2015 and 2016 and related matters, as it involves examining internal operations carried out by the staff of the Central Bank.

With regard to the operations of the EPF, the Monetary Board, during the past six months, has taken several measures to strengthen the decision making process with respect to investments. These serve to safeguard the interests of the members of the EPF.

Sri Lanka Purchasing Managers' Index Survey - December 2016

The Manufacturing sector PMI was 58.3 in December indicating that the manufacturing activities continued to expand in December 2016.

The Services Sector PMI increased marginally to 59.8 index points in December from 59.7 index points in November 2016.

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