The Financial Intelligence Unit (FIU) of the Central Bank of Sri Lanka has entered into a Memorandum of Understanding (MOU) with the Securities and Exchange
Tag: central bank
Govt. to release Rs. 10 b development finance: PM
By Uditha Jayasinghe The Government plans to release Rs. 10 billion in development finance to the private sector, particularly targeted at large-scale companies willing to
IMF publishes a study on an open economy quarterly projection model for Sri Lanka
The International Monetary Fund (IMF) has published a working paper on an open economy quarterly projection model for Sri Lanka which documents a semi-structural model
The unholy dismantling of good governance
The revocation of the Exchange Control Act has resulted in the Money Laundering Act being highly devalued as no action can be taken against even
IMF backs exchange rate float
By Uditha Jayasinghe The International Monetary Fund (IMF) yesterday backed a floating exchange rate, terming it as the “first line of defence” to protect Sri
I don’t know Mahendran’s whereabouts says PM
Prime Minister Ranil Wickremesinghe says that he is unaware of former Central Bank Governor Arjuna Mahendran’s whereabouts. The Prime Minister made this observation in parliament
First five months’ tourist arrivals cross 1 m mark
Tourist arrivals up 6.2% in May India, China, the UK continue as top sourcing markets Asia and Pacific largest source of tourist traffic to SL with 65% of
Speaker says the list of MPs who were in contact with Arjun Aloysius will be presented in parliament
Speaker of the Parliament Karu Jayasuriya said that a document with the list of MPs who have held telephone conversations with the former director of
Govt. goes for $ 1 b, 8-year syndicated loan from China Dev. Bank
Officials cite effective rate of return at around 5.3% as good offer; loan includes 3-year grace period Fresh deal comes hot on heels of record $ 2.5 billion
Sri Lanka Central Bank clarifies how gross official reserves were utilized
Sri Lanka’s Central Bank yesterday clarifying the status of the country’s gross official reserves said not only borrowings but also the debt repayments need to