Part of light aircraft falls in Thalangama

Nandalal Weerasinghe assumes duties as Central Bank Governor

Dr. P. Nandalal Weerasinghe assumed duties today as the 17th Governor of the Central Bank of Sri Lanka (CBSL).? Weerasinghe is a career central banker, with extensive experience in Monetary and Exchange Rate Policy. Dr. Weerasinghe was promoted as Deputy Governor on 27 September, 2011 while he was serving as an Alternate Executive Director at the International Monetary Fund and assumed office as Deputy Governor of the CBSL on 01 September 2012. Dr. Weerasinghe holds a PhD and Master?s Degree

08 Apr, 2022

SJB to submit no-confidence motion against Government

The main opposition Samagi Jana Balawegaya (SJB) is to submit a no-confidence motion against the Government. The SJB has begun to collect signatures from MPs for the no-confidence motion. Opposition Leader Sajith Premadasa said that the motion will be moved in Parliament if the Government fails to take steps to address the concerns of the public. He called for the Executive Presidency to be abolished saying power should be divided between the Executive, Legislator and Judiciary. Premadasa sa

08 Apr, 2022

Central Bank in key talks with the IMF

The Central Bank and the Government have begun working closely with the International Monetary Fund (IMF) to formulate a sustainable solution to overcome the macroeconomic challenges faced by the country at present, the Central Bank said today. The Bank also said that negotiations to obtain bridging financing have already commenced with interested counterparties. Meanwhile, the Monetary Board of the Central Bank of Sri Lanka, at its meeting held today (Friday) has decided to increase the Stand

08 Apr, 2022