Sri Lanka’s Central Bank needs greater independence is vital to overcome the present economic challenges but it should be given to competent, efficient, non arrogance and knowledgeable top management with positive minds, several economic experts said.
The Food and Agriculture Organization (FAO) partnered with the European Union (EU) to support government policies to achieve food security, ensure higher and sustainable incomes for farmers, improve agriculture production and productivity, and sustainably manage the environment.
The Air Traffic Controllers’ Association of Sri Lanka (SLATCA) has raised concerns over a potential standstill of air traffic movements, owing to the increasing number of controllers resigning from their posts.
The Central Bank is to introduce Regulations on Financial Consumer Protection having recognized the need to institutionalize financial consumer protection in the delivery of services by regulated financial institutions.
The need of the digitization of public and private institutions in promoting investments in Sri Lanka and establishing a single point for obtaining all necessary approvals for investment promptly has been emphasized.