Tag: CBSL

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Food Inflation: Sri Lanka ranks 04 in Asia and 12 in World

Food Inflation: Sri Lanka ranks 04 in Asia and 12 in World

Inflation further surged!

The inflation rate of Sri Lanka has surged to 12.1 per cent as of December, 2021. The figure stood at 9.9 per cent in November...

Government’s revenue to miss the expected target in the New year

Government’s revenue proposals  for  2022 appears to be more of a stop-gap move  rather than one that sets out a framework on how revenues...

Debt moratorium for Covid-19 affected borrowers extended

In what is seen as the latest move to extend relief to the pandemic-affected borrowers, the Central Bank has asked the banks to extend...

Reserve position surge claimed by CBSL Chief like ‘Cobra appeared out of Kelani River’

The spontaneous surge of the foreign reserve position to US$3.1 billion claimed by the CBSL Governor is merely a media showoff resembling the 'Cobra...

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Sri Lanka Launches Bold Crackdown to Recover Stolen Wealth

In a sweeping move to confront decades of entrenched...

Guarantee Trap: Hidden Fiscal Risks Lurking in Sri Lanka’s Debt

Sri Lanka’s growing dependence on government guarantees has turned...

Sri Lanka’s Gem Glory Dimmed by US $1 Billion Black Market

The gem and jewellery industry in Sri Lanka long...

TRCSL Launches 24-Hour ‘1818’ Hotline to Support National Anti-Drug Operation

In support of the island-wide anti-drug campaign themed “Nation United...

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