Sri Lanka
CBSL resorts to monetary financing amid wait for IMF talks
Central bank promises loan to government will be unwound in the first quarter of 2019; IMF talks scheduled for mid-February
CBSL inks deal with RBI to boost reserves
Swaps deal will help maintain reserves while talks with the IMF resume, central bank says
Coomaraswamy sees hope for IMF programme as political crisis fades
Sri Lankan Prime Minister reinstated, paving the way for economic reforms; central bank close to adopting flexible inflation target
Sri Lankan central bank tackles ‘large and persistent’ liquidity deficit
Central bank adjusts policy to support banks, but weak economy and falling rupee limit options
Sri Lankan central bank to hold forensic audit of corruption allegations
CBSL announces wide-ranging policy changes after “bond scam” allegations
Which emerging markets are in the firing line?
Some instability from Turkey and Argentina has spilled elsewhere, but not all emerging markets are under threat
Sri Lanka governor hits back at critics amid GDP muddle
Governor dismisses accusations that deputy made mistakes in compiling GDP figures
Sri Lankan president takes responsibility for central bank away from PM
Prime minister faces no-confidence vote over central bank “bond scandal”
Court orders former Sri Lankan governor to report to police
Former governor’s son-in-law arrested over allegations of central bank insider dealing
Sri Lankan inquiry says former governor may have acted criminally
Finance minister may have been “corrupt” and deputy governors were "negligent”, report says
Sri Lankan central bank launches sweeping reforms in wake of bond scandal
Central bank tightens controls on debt management and pension fund trading after investigation uncovers malpractice
Progress on policy offset by shocks from bad weather – CBSL governor
Sri Lanka suffered from both droughts and floods in 2017 but new policy measures are helping stabilise the economy, says Indrajit Coomaraswamy
Sri Lanka on track to flexible targeting – deputy governor
The central bank has much of the infrastructure in place, but the pace needs to increase if 2020 deadline is to be met, says Weerasinghe
Sri Lanka working to introduce ‘proactive’ policy – governor
Central bank in the past tended to do “too little, too late”, leading to big swings in interest rates, says Coomaraswamy
People: New Kyrgyz governor; six promotions in Sri Lanka
Kubanychbek Kulmatov takes over at NBKR after former governor departs early; six employees made assistant governors in Sri Lanka; and more
People: Trio of deputies appointed at Sri Lankan, Korean and Bahaman central banks
Veteran central bankers appointed at Sri Lankan and Korean institutions; Bank of Bahamas also gets new second in command
Sri Lanka issues first t-bonds under new transparent framework
Both maturities offered were oversubscribed in phase one, says central bank
People: Trump names Otting for OCC job; Sri Lankan assistant governor promoted
People: Trump names Otting for OCC job subject to Senate approval; Sri Lankan assistant governor promoted to deputy role; Barbados appoints acting deputy; and more
Sri Lanka must be more competitive, central bank argues
Annual report for 2016 proposes host of reforms for improving Sri Lanka’s global competitiveness, warning country missed “many” opportunities to become developed nation
Sri Lankan central bank rejects finance minister’s accusation
Bank says it followed existing law in issuing and re-issuing bonds
Sri Lankan finance minister accuses former governor of fraud
Ex-president and former central bank governor are both accused of “fraudulent management of public debt”
Sri Lankan governor appears before inquiry into alleged fraud
Critics allege malpractice involving firm owned by former governor’s son-in-law; local media report officials also worried by severe drought
Fresh investigations into Sri Lankan bond scandal launched
Central bank and Sri Lankan president both investigating possible malpractice around bond sales to the central bank pension fund
Sri Lankan government to restructure central bank
Central bank is to be restructured with amendments to the Banking Act, but disagreements remain between the finance minister and governor; inflation-targeting framework appears to be on track