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IMF chief commends Sri Lanka s economic reform program, says collective effort key to success of debt restructuring
27 Nov 2024 (10:01 AM) Over 207,000 people affected by bad weather across 17 districts
27 Nov 2024 (12:24 PM) CBSL introduces Overnight Policy Rate; further eases monetary policy stance
27 Nov 2024 (10:04 AM) Special police hotline for Tamil-speaking people amid adverse weather
27 Nov 2024 (12:49 PM) Six flights diverted due to bad weather at BIA
26 Nov 2024 (11:22 PM) Sri Lanka s Central Bank implements a single policy rate mechanism
26 Nov 2024 (11:38 PM) |
IMF Managing Director Kristalina Georgieva says the continued support from international financial institutions and other official creditors, together with the participation of bondholders in a debt exchange consistent with debt sustainability, is necessary to underpin the success of Sri Lanka s economic reform efforts. 
Inclement weather conditions have affected a total of 207,582 individuals from 59,629 families across 17 districts, according to the Disaster Management Centre (DMC). 
The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to further ease the monetary policy stance and set the newly introduced Overnight Policy Rate (OPR) at 8.00 per cent. 
Sri Lanka Police has established a special hotline, 107 , dedicated for Tamil-speaking individuals to report or seek assistance regarding the prevailing adverse weather conditions, according to Police Spokesman DIG Nihal Thalduwa.
A total of six flights scheduled to land at the Bandaranaike International Airport (BIA) in Katunayake have been diverted to the Mattala Airport and the Thiruvananthapuram International Airport in India due to adverse weather conditions. 
The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to implement a single policy interest rate mechanism, the Overnight Policy Rate (OPR), transitioning from its dual policy interest rate mechanism with effect from today (27 November). Copyright © 2007 - 2024 Col3neg. All Rights Reserved.
