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Tag: central bank

Bond Commission report and PRECIFAC report to parliament today
LOCALMain Story

Bond Commission report and PRECIFAC report to parliament today

The final report of the Presidential Commission of Inquiry (PCoI) into the Bond Issuance of the Central Bank of Sri…

byFaraz Shauketaly17/01/201817/01/2018
Sri Lanka Central Bank confirms conducting a forensic audit into past bond issues
BUSINESS

Sri Lanka Central Bank confirms conducting a forensic audit into past bond issues

The Central Bank of Sri Lanka confirmed yesterday that in response to the numerous requests, the Bank will conduct a…

byFaraz Shauketaly17/01/2018
COPE to summon CBSL, Finance Ministry officials again over bond scam issue
LOCAL

COPE to summon CBSL, Finance Ministry officials again over bond scam issue

The Committee on Public Enterprises is to summon officials of the Central Bank and Finance Ministry once again. The objective…

byFaraz Shauketaly15/01/201815/01/2018
IMF says economy normalising but reforms essential
BUSINESSMain Story

IMF says economy normalising but reforms essential

Recommends fiscal consolidation and tightening monetary policy 2018 growth predicted at 4.6% below CB projections  Further delays in SOE reform, bad…

byFaraz Shauketaly13/01/201813/01/2018
Copy of report from Commission of Inquiry on Bond issue handed over to CBSL Governor
LOCAL

Copy of report from Commission of Inquiry on Bond issue handed over to CBSL Governor

A copy of the report of the Commission of Inquiry to Investigate, Inquire and Report on the Issuance of Treasury…

byFaraz Shauketaly13/01/2018
Sri Lanka aims to reduce public debt to 70 percent of GDP
BUSINESS

Sri Lanka aims to reduce public debt to 70 percent of GDP

The Sri Lankan government plans to reduce the country’s public debt to 70 percent of the Gross Domestic Product (GDP)…

byFaraz Shauketaly11/01/2018
President to table Bond Commission report in parliament on January 17, President’s Secretary explains delay
LOCAL

President to table Bond Commission report in parliament on January 17, President’s Secretary explains delay

Pandemonium broke out in Sri Lanka parliament yesterday when Prime Minister Ranil Wickremesinghe commenced his special address to the parliament…

byFaraz Shauketaly11/01/2018
IFC, Central Bank partner to create a national strategy to spur financial inclusion in Sri Lanka
BUSINESS

IFC, Central Bank partner to create a national strategy to spur financial inclusion in Sri Lanka

IFC, a member of the World Bank Group has partnered with the Central Bank of Sri Lanka (CBSL) to develop…

byFaraz Shauketaly10/01/2018
Speaker requests President to table reports of Presidential Commissions in parliament
LOCALMain Story

Speaker requests President to table reports of Presidential Commissions in parliament

Sri Lanka’s Speaker of the Parliament Karu Jayasuriya has made a request to President Maithripala Sirisena to table the reports…

byFaraz Shauketaly10/01/2018
Sri Lanka parliament to convene a special session on Wednesday
LOCAL

Sri Lanka parliament to convene a special session on Wednesday

Acting Secretary General of the Parliament, Neil Iddawela has informed that Speaker Karu Jayasuriya has summoned a special Parliamentary sitting…

byFaraz Shauketaly09/01/2018

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