Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2021=100) accelerated to 1.7% in June 2024 from 0.9% in May 2024. This acceleration in the headline inflation is broadly in line with the...

State Minister for Finance Shehan Semasinghe, announced that all uncertainties surrounding Sri Lanka’s debt sustainability have been resolved. He noted that while the international community has shown optimism about Sri Lanka’s debt restructuring, some local parties remain sceptical for political...

Sri Lanka Purchasing Managers’ Index for Construction (PMI – Construction) recorded an index value of 54.5 in May 2024, indicating an improvement in construction activities. Many  construction projects were back on course in May after the extended holidays of the...

xr:d:DAFnXDbZRoo:36,j:4282192976072233294,t:23070602 The Central Bank of Sri Lanka (CBSL) wishes to announce the implementation of the Banking (Amendment) Act, No. 24 of 2024, effective from 15.06.2024. These amendments were formulated with a view to further strengthening the legal and regulatory framework applicable...

Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2021=100) accelerated to 1.7% in June 2024 from 0.9% in May 2024. This acceleration in the headline inflation is broadly in line with the...

Minister of Foreign Affairs and President’s Counsel Ali Sabri, stated that the successful debt sustainability process with bilateral creditors will provide Sri Lanka with an advantage of approximately US $ 17 billion. The minister also stated that this situation will...

Director General of the Department of Trade and Investment Policy Mr. K.A. Vimalenthirarajah, Controller General of the Department of Import-Export Control Ms. Upulmalee Premathilaka, honored guests and esteemed colleagues, including guests from outside Sri Lanka including Singapore, Philippines, Maldives, and...

Good morning,. It is an honor to be here today at the ASPIRE-Sri Lanka Project Closure and Felicitation Ceremony.  How wonderful to have just heard from a number of the women involved in this project, to hear their personal stories...

In a significant milestone for Sri Lanka’s economic revitalization efforts, the nation has successfully finalized comprehensive debt restructuring agreements with key bilateral creditors. On June 26, 2024, Sri Lanka concluded negotiations with the Official Creditor Committee (OCC) and China Exim...