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CBSL introduces Overnight Policy Rate; further eases monetary policy stance
27 Nov 2024 (10:04 AM) Flood warnings issued for low-lying areas of Malwathu Oya
27 Nov 2024 (10:26 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) Red landslide early warning issued for areas in 3 districts
27 Nov 2024 (12:11 AM) ADB backs Sri Lanka s growing investment potential in key sectors
27 Nov 2024 (11:25 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) |
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. 
The Irrigation Department has issued a flood warning for several low-lying areas of Malwathu Oya Basin, effective until 5.30 a.m. on November 29, 2024. 
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 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. 
The Asian Development Bank (ADB) has pledged its support for investment opportunities in Sri Lanka, citing increased foreign investor interest fuelled by the government s systematic financial reforms, the President s Media Division (PMD) said in a statement. Copyright © 2007 - 2024 Col3neg. All Rights Reserved.
