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CB seeks parliamentary forum to clarify recent salary adjustments

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.

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