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The Central Bank publishes 'Recent Economic Developments: Highlights of 2020 and Prospects for 2021'
... and the Central Bank. Relief measures and large scale policy stimuli were introduced to help businesses and individuals affected by ... a revival of workers’ remittances, a stable exchange rate, and a reasonable level of official reserves. The external sector ...
content_manager - 31.10.2020 - 21:09
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Statement by Deshamanya Professor W D Lakshman, Governor of the Central Bank of Sri Lanka on Foreign Currency Liquidity in the Domestic Market
... places Sri Lanka in a vulnerable position, through careful policy action. While doing this, we would continue to meet our debt service ... adverse speculation about the future path of the exchange rate and the ability of the Government to service its obligations. Such ...
conedit1 - 28.06.2021 - 20:10
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IMF Reaches Staff Level Agreement with Sri Lanka on Three-Year $1.5 Billion EFF
... economic program aims at fundamental changes to tax policy and administration to reverse a two-decade decline in tax revenues and ... and a support a durable transition to a flexible exchange rate regime. Strengthening financial sector supervision and increasing the role ...
content_manager - 04.10.2018 - 10:29
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The Central Bank of Sri Lanka Introduces Measures to Reduce the Overdependence on the Standing Facilities
... systems. Accordingly, as a part of unprecedented policy measures taken since April 2022 aiming at restoring overall ... instrumental in inducing a moderation in the market interest rate structure (of both deposit and lending interest rates) in the period ahead ...
conedit1 - 09.01.2023 - 08:59
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Bank Communication - FAQs
... watch Educational Programmes, Webinars, Coverage of Monetary Policy Press Conferences and other related programmes through the CBSL YouTube ... Supervision of Non-Bank financial Institutions Exchange Rate Management in Sri Lanka Monetary Policy in Sri Lanka International ...
conedit1 - 12.01.2024 - 10:38
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The International Monetary Fund to Release the Third Tranche of US Dollars 167.2 million under the Extended Fund Facility
... While acknowledging the tightening of the monetary policy in March, the IMF has welcomed the stability of financial ... international reserve accumulation and enhanced exchange rate flexibility. The IMF has also appreciated the efforts taken by the ...
content_manager - 31.01.2018 - 14:11
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IMF Staff Concludes Visit to Sri Lanka to Discuss Progress of Economic Reform Program
... inflation pressures and stand ready to tighten monetary policy if inflation or credit growth does not abate. In light of mounting ... rebuilding international reserves and maintaining exchange rate flexibility. In this regard, the mission and the authorities discussed IMF ...
content_manager - 31.01.2018 - 15:17
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IMF Reaches Staff-Level Agreement on the Third Review of Sri Lanka’s Extended Fund Facility
... supported by the new Inland Revenue Act. Monetary policy should remain vigilant to pressures on inflation and credit growth. ... and credit growth, while continuing to enhance exchange rate flexibility. “The authorities have been improving the country’s ...
content_manager - 31.01.2018 - 12:05
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IMF Staff Concludes Visit to Sri Lanka to Discuss Progress of Economic Reform Program
... inflation pressures and stand ready to tighten monetary policy if needed to contain inflation or credit growth. The CBSL’s drive ... for flexible inflation targeting and a flexible exchange rate regime, which will require strengthening the legal frameworks for ...
content_manager - 31.01.2018 - 12:22