Public and Private stakeholders, including Mr. Mahinda Siriwardana, Secretary to the Ministry of Finance, Economic Stabilization and National Policies, pose for a group photo following the workshop  The United States, through the United States Agency for International Development (USAID), is...

A comprehensive policy document titled ‘Vision 2030’, prepared by the Ceylon Chamber of Commerce, to guide Sri Lanka towards sustainable and inclusive development by 2030 was presented to President Ranil Wickremesinghe today (09) at the Presidential Secretariat. This document outlines...

 The country needs honest and accountable political leaders. Let’s prioritize practical solutions over idle dreams and advance necessary programs. Martin Guzman, once seen as a role model, has failed in Argentina. The Sinhalese nation boosts its economy through export-oriented policies,...

The Sri Lanka Export Development Board (EDB) recently hosted a workshop on the Fair Trade Certification Process in Sri Lanka bringing 02 prominent certification entities to a one platform. The workshop aimed to educate Sri Lankan producers and exporters about...

Debt reduction examples from Argentina, Ecuador, and Ghana pertain to commercial loans, not bilateral loans. Talks with JICA Scheduled Next Week to Restart Japanese Projects – Talks with JICA scheduled for next week to recommence Japanese projects – Minister of...

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...