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Senior citizens' account interest rates report to President next week - State Minister

Sri Lanka, May 18 -- The report of the inquiry committee on the increase of interest rates in senior citizens' fixed deposit bank accounts is scheduled to be submitted to the President next week. A c... Read More


Strong legal, institutional system vital to arrest corruption- Prof. Dunusinghe

Sri Lanka, May 16 -- Colombo University's Economics Department Prof. Priyanga Dunusinghe said that it is impossible to stop corruption through an individual-based approach and for that, the current ou... Read More


Concessional loans for youth to study Korean language

Sri Lanka, May 15 -- The government has decided to grant the necessary course fees as a soft loan through Samurdhi Bank associations to the youths who are employed in part-time or full-time jobs while... Read More


Current economic reform plans cannot be reversed - CBSL Governor

Sri Lanka, May 8 -- The planned critical reforms that are currently being implemented should not be revised at all, Central Bank Governor (CBSL) Dr. Nandalal Weerasinghe stated since the country has ... Read More


CBSL cuts back losses by 6.1% in 2023 - Governor Dr. Nandalal Weerasinghe

Sri Lanka, May 8 -- Central Bank of Sri Lanka (CBSL) Governor Dr. P. Nandalal Weerasinghe said that the CBSL recorded a net loss of 114.4 billion rupees in 2023 compared to the net loss of 374.3 billi... Read More


Community Advisory Committees for efficient implementation of Rural Development Projects, Programmes

Sri Lanka, May 1 -- Government has decided to appoint Community Advisory Committees (CAC) at Local Government (LG) level to monitor development projects and programmes implemented at rural level to ga... Read More


CBSL says IMF reforms crucial for country's economic stability

Sri Lanka, Feb. 23 -- The Central Bank of Sri Lanka (CBSL) states that the inability to continue the comprehensive credit facility programme with the International Monetary Fund (IMF) and if the expec... Read More


CB's FIU fines Rs. 14Mn on three financial institutions

Sri Lanka, Feb. 20 -- The Financial Intelligence Unit (FIU) of the Central Bank of Sri Lanka, which is the regulatory agency for preventing money laundering and combating the financing of terrorism, h... Read More