Sri Lanka
Sri Lankan governor on poverty and inequality
Aijith Nivard Cabraal, the governor of the Central Bank of Sri Lanka, said that poverty and equality "are often the root causes of political, economic and social upheaval, tension and revolution."
Sri Lanka's monetary policy review
The Central Bank of Sri Lanka's tight monetary policy has been vindicated as inflation decelerated to 13%, although rises in administrative prices meant there was a risk this could be reversed.
Inflation spike expected in Sri Lanka
The Central Bank of Sri Lanka has warned of higher inflation in July, indicating that the important Colombo Consumer Price Index is set to spike again.
Tight monetary policy in Sri Lanka pays off
The Central Bank of Sri Lanka announced on 25 June that rates will remained unchanged at 10.5%. The central bank also published its regular review of monetary policy on 25 June, noting that improvements in the external and monetary sectors of the economy…
Why worry about inflation? - Sri Lankan deputy gov
In this speech W.A. Wijewardena, Deputy Governor of the Central Bank of Sri Lanka, explains why "inflation is undoubtedly the public enemy number one."
New challenges for central bankers
In this speech, Ajith Nivard Cabraal, governor of the Central Bank of Sri Lanka, says central bankers need to look beyond a single price index in the objectives to ensure economic and price stability.
Sri Lanka's new governor takes on inflation
Nick Carver spoke with the Ajith Nivard Cabral, governor of the Central Bank of Sri Lanka
Central Bank of Sri Lanka - Annual Report 2006
According to the Central Bank of Sri Lanka's Annual Report 2006, Sri Lanka continued on an economic expansion path in 2006 demonstrating its sustained resilience recording a 7.4 per cent growth rate.
Central Bank of Sri Lanka redesigns website
The Central Bank of Sri Lanka announced Friday 30 March the launch of its redesigned website. The primary objective of re-designing the website was to present comprehensive information relating to all key functions of the CBSL, with the re-designed site…
SL's Cabraal on financial & economic developments
In the speech 'Overview of financial and economic developments in Sri Lanka' given on 5 March Ajith Nivard Cabraal of the Central Bank of Sri Lanka said developments in the foreign exchange market are immense.
Sri Lanka maintaining growth momentum
The Central Bank of Sri Lanka's Monetary Policy Review for March 2007 says the economy has shown early signs of continuing its high growth momentum experienced in 2006 in 2007.
IMF paper on workers' remittances in Sri Lanka
In the IMF Working Paper "Are workers' remittances a hedge against macroeconomic shocks? The case of Sri Lanka" the authors estimate a vector error correction (VEC) model for Sri Lanka to determine the response of remittance receipts to macroeconomic…
Cabraal on Sri Lanka & money laundering
In the speech 'Sri Lanka and its battle against money laundering and terrorist financing activities' given on 26 January Ajith Nivard Cabraal of the Central Bank of Sri Lanka said the International Monetary Fund has estimated that the aggregate amounts…
Sri Lanka's Jayamaha on financial regulations
In the speech 'Glimpse of current financial regulations' given on 13 November Ranee Jayamaha of the Central Bank of Sri Lanka said financial regulations are necessary given the complexity of financial transactions that are taking place here in Sri Lanka…
BNM's Zeti at the INCEIF Strategic Partnership
In welcoming remarks at the INCEIF Strategic Partnership 2006 given on 14 December Dr. Zeti Akhtar Aziz of the Bank Negara Malaysia said one of the strategic steps that INCEIF has initiated is the forging into strategic alliances with the five takaful…
Sri Lanka sees healthy growth rate for economy
According to the Central Bank of Sri Lanka's December 2006 Monetary Policy Review, published Friday 15 December, the economy continues to grow at a healthy rate.
Sri Lanka could grow at 8% in 2007
Sri Lanka's economy could grow at 8% in 2007 if the violence and security concerns in the country are reduced, the central bank governor said in an interview.
Sri Lanka's central bank appoints more assistants
The Central Bank of Sri Lanka has promoted four senior staff officers to the post of Assistant Governor from 11 Oct, the bank said Monday 16 October.
Sri Lanka's Cabraal on standards, codes and rules
In the speech 'Standards, codes and rules - Friend or foe of poor nations?' given on 12 September Ajith Nivard Cabraal of the Central Bank of Sri Lanka said many low-income countries, despite their potential to grow are functioning in an "international…
ACU calls for new members
The Asian Clearing Union (ACU) concluded its two-day technical committee meeting Wednesday 19 July calling for the admission of countries beyond the ESCAP Asia/Pacific region.
Welmega declines Sri Lanka monetary board post
Newspaper reports said businessman Nimal Welgama has rejected a seat on the monetary board of the Central bank of Sri Lanka due to an ongoing inquiry by the central bank.
ACU to discuss payment systems efficiency
Members of the Asian Clearing Union (ACU) will meet in Dhaka this week to discuss ways to make their payment systems easier to use to boost trade, a Bangladesh central bank official told Reuters.
Sri Lanka's new governor to protect independence
Sri Lanka's newly appointed central bank governor said on Monday 3 July that he will promote the independence of the institution, which has come under fire in recent years.
Sri Lanka appoints new central bank governor
Effective from Thursday 22 June Presidential Advisor on Economic Affairs and Secretary to the Ministry of Plan Implementation Ajith Nivard Cabraal became the new governor of the Central Bank of Sri Lanka.