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CBSL introduces Overnight Policy Rate; further eases monetary policy stance
27 Nov 2024 (10:04 AM) IMF chief commends Sri Lanka s economic reform program, says collective effort key to success of debt restructuring
27 Nov 2024 (10:01 AM) Ceylon Chamber welcomes staff-level agreement for third review of IMF program
27 Nov 2024 (11:47 AM) Six flights diverted due to bad weather at BIA
26 Nov 2024 (11:22 PM) Over 207,000 people affected by bad weather across 17 districts
27 Nov 2024 (12:24 PM) Red landslide early warning issued for areas in 3 districts
27 Nov 2024 (12:11 AM) |
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. 
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. 
The Ceylon Chamber of Commerce has welcomed the announcement of a staff-level agreement for the third review under the International Monetary Fund (IMF) Extended Fund Facility program for Sri Lanka. 
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. 
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 National Building Research Organisation (NBRO) has issued a Level 3 (Red) Landslide Early Warning for several divisional secretariat divisions (DSDs) in Kandy, Matale and Nuwara-Eliya districts urging the residents of these areas to evacuate to safer locations. Copyright © 2007 - 2024 Col3neg. All Rights Reserved.
