CB seeks parliamentary forum to clarify recent salary adjustments

Date:

February 25, Colombo (LNW): The Central Bank of Sri Lanka (CBSL) has formally petitioned the President, acting in his capacity as the Minister of Finance, for a forum to elucidate the procedural and conceptual framework underlying the recent adjustment in salaries for CBSL personnel to Members of Parliament.

The request, conveyed in writing by CBSL Governor Nandalal Weerasinghe, underscored the institution’s commitment to transparency and accountability.

It highlights that the recent recalibration of CBSL employees’ remuneration was endorsed by the Governing Board within the framework of the triennial Collective Agreement negotiated with Trade Unions spanning the period 2024-2026.

At its meeting on 21 February, the Governing Board tasked Weerasinghe with the formal request to President Ranil Wickremesinghe, seeking an opportunity to brief Parliamentarians on the rationale behind the salary revision.

In a statement issued in response to this development, CBSL affirmed its readiness to articulate its stance and provide necessary clarifications either upon being granted the requested platform or upon receipt of pertinent inquiries from relevant authorities.

Share post:

spot_imgspot_img

Popular

More like this
Related

Govt Reconsiders Minimum Wage Policy for Migrant Workers Amid Rising Concerns Over Exploitation

The Sri Lankan government is reassessing the possibility of reintroducing...

Sri Lanka Charts Reform Path at High-Level IMF Conference

The Central Bank of Sri Lanka (CBSL), in collaboration...

Sri Lanka Pushes for Regional Aviation Alliances and Airport Expansion

Sri Lanka is ramping up its efforts to transform...

Sri Lankan Listed Companies Record 57% Profit Surge in March Quarter

Sri Lanka’s listed companies reported a robust 57.4% year-on-year...