Tag: says CBSL
Headline inflation is expected to converge towards 5-pct level over medium term, says CBSL
Sri Lanka’s Central Bank says that the spillover effects of tax measures and other developments are likely to be muted due to subdued underlying demand pressures; hence, this rise in inflation is expected to be transitory. A one-off upward movement in inflation is expected in the near term, driven mainly by the changes to the […]
Sri Lanka will settle USD 1bn ISB maturing in July; no debt restructuring needed, says CBSL
The Government and the CBSL have already taken necessary measures to secure alternative forex inflows via a number of bilateral and multilateral funding arrangements to meet the upcoming debt obligations, including the US dollars 1 billion ISB maturing in July 2022, the Central Bank said. Releasing a statement, the bank said that with the realisation […]