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IMF Executive Board Completes the Sixth Review of Sri Lanka’s Extended Arrangement under the Extended Fund Facility
... the next disbursement of supporting funds. Sustaining policy discipline remains critical to strengthen resilience and support strong ... to protect the economy against shocks, allowing for exchange rate flexibility in the event of market pressures.” “Sri Lanka has made ...
content_manager - 04.11.2019 - 12:18
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Bank's Functions
... Lanka (CBSL) Determine and implement monetary policy Determine and implement the exchange rate policy Hold and ensure the prudent and effective management of ...
admin - 29.04.2024 - 15:43
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IMF Reaches Staff-Level Agreement on the Sixth Review of Sri Lanka’s Extended Fund Facility
... lower imports and stronger exports supported by the exchange rate correction in late 2018. “Sustaining prudent policies and ... of Sri Lanka (CBSL)’s prudent and data-dependent monetary policy approach and their renewed commitment to strengthen reserve buffers in ...
content_manager - 25.09.2019 - 15:34
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Road Map 2020 - Monetary and Financial Sector Policies for 2020 and Beyond
... Today, the Sri Lankan economy is at a crossroads. Decades of policy making as a sovereign nation have produced improvements in many aspects ... non-debt creating capital inflows, large credit and interest rate cycles, and high fiscal deficits and public debt levels. These challenges, ...
conedit1 - 06.01.2020 - 11:52
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The Central Bank of Sri Lanka Further Reduces the Statutory Reserve Ratio
... measures implemented already, including the reduction of policy interest rates by a total of 150 basis points and the reduction of the Bank Rate by 550 basis points. The financial sector is expected to pass the ...
content_manager - 17.06.2020 - 14:08
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The International Monetary Fund Releases the Sixth Tranche of US Dollars 164.1 Million Under the Extended Fund Facility
... rebuilding reserves, while maintaining a prudent monetary policy stance with greater exchange rate flexibility, and reviving structural reforms. The IMF has also maintained ...
content_manager - 16.05.2019 - 08:43
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Mr. A. A. M. Thassim
... management of foreign reserves of the country and exchange rate management. Mr. Thassim has also gained experience and knowledge in the ... internal committees including in the areas of monetary policy, financial system stability and international reserves. Prior to the ...
conedit5 - 24.06.2024 - 11:11
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The Central Bank of Sri Lanka maintains the Overnight Policy Rate (OPR) at the current level
The Monetary Policy Board of the Central Bank of Sri Lanka, at its meeting held on 28 January 2025, decided to maintain the Overnight Policy Rate (OPR) of the Central Bank at its current level of 8.00 per cent. The Board ...
conedit5 - 29.01.2025 - 11:12
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IMF Staff Concludes Visit to Sri Lanka to Discuss Progress of Economic Program
... also be underpinned by a well-crafted and high-quality tax policy strategy to raise Sri Lanka’s low tax revenue-to-GDP ratio. Commencing ... to rebuild international reserves and maintain exchange rate flexibility to further develop the foreign exchange market. In this ...
content_manager - 28.01.2018 - 17:02
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Olcott Oration 2017
... Evolution of Monetary and Exchange Rate Policy in Sri Lanka and the Way Forward - Dr. P Nandalal Weerasinghe ...
admin - 12.09.2018 - 12:17