COLOMBO (News 1st); A decision has been reached to summon Governor of the Central Bank of Sri Lanka Dr. Nandalal Weerasinghe, before the Select Committee of Parliament to Investigate Causes for Financial Bankruptcy declared by the Government. Chairman of the committee MP Sagara Kariyawasam said Dr....

COLOMBO (News 1st); Dr. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka (CBSL), delivered a positive update on the country's debt restructuring efforts. The Governor reported significant progress on the debt restructuring front. He emphasized the successful completion of the Dom...

COLOMBO (News 1st);  In a significant move towards a more efficient monetary policy framework, the Central Bank of Sri Lanka (CBSL) announced its intention to transition from a dual policy rate system to a single interest rate mechanism.  Recognizing the limitations of its current system,...

COLOMBO (News 1st); A delegation of International Monetary Fund (IMF) representatives will arrive in Sri Lanka tonight, marking the start of a week-long visit focused on evaluating the country's recent economic performance and progress on ongoing reforms. The Ministry of Finance confirmed the v...

COLOMBO (News 1st); In a sign of continued support, the Indian High Commissioner to Sri Lanka  Santosh Jha reiterated India's commitment to being a "steadfast partner" in the country's economic recovery during a recent meeting with the Governor of the Central Bank of Sri Lanka...