Steps will be taken in 2023 to reduce key interest rates in Sri Lanka, said Governor of Central Bank of Sri Lanka (CBSL) Nandalal Weerasinghe on Sunday.
Sri Lanka’s central bank chief says to reduce interest rates in 2023
He said that Sri Lanka’s inflation rate eased to 57.2 percent in December from 61 percent in November, noting that this reflected that the policies they have taken from April 2022 were successful.
2023 will be critical, plan to turn around the economy: Sri Lankan Prez
Sri Lanka President Ranil Wickremesinghe on Sunday said 2023 will be a critical year for the cash-strapped country, as his regime desperately scrambles to inject much-needed impetus to galvanise the …
2023 Will Be ‘Critical Year’, Plan To Turn Around The Economy, Says Sri Lanka President Wickremesinghe In New Year’s Message
Sri Lanka was hit by an unprecedented financial crisis in 2022 due to a severe paucity in foreign exchange reserves that also sparked political turmoil in the island nation that led to the ouster of t …
Sri Lanka stares at food shortage, President Wickremesinghe asks for help
The critical situation of the currency crisis in Sri Lanka has resulted in political, economic and social turmoil. Further, this currency collapse has resulted in a rise in food prices by 100 per cent …
India, Sri Lanka are bonded together by Buddhism
A delegation of high-ranking Sri Lankan Buddhist monks, who were on a pilgrimage to Bodh Gaya to attend discourses of the holy city, has recalled the historical Buddhist connections between the two …
Hardik Pandya meets Home Minister Amit Shah ahead of Sri Lanka series
India’s T20I skipper Hardik Pandya met Union Home Minister Amit Shah at his residence on Saturday on the new year’s eve ahead of Sri Lanka’s Tour to India starting on January 3. All-rounder Hardik …
Crisis-hit Sri Lanka’s govt expects not to rely on money printing in 2023
Sri Lanka government is expected not to rely on money printing by the central bank as it hopes to meet all the government finances from the increased taxes, the junior finance minister said, as the …
Crisis-hit Sri Lanka’s govt expects not to rely on money printing in 2023
Sri Lanka government is expected not to rely on money printing by the central bank as it hopes to meet all the government finances from the increased taxes, the junior finance minister said, as the …
Kanrich Finance Shoots Down Concerns
Kanrich Finance today shot down concerns over the stability of the company which arose after the Central Bank of Sri Lanka said it had …