(LANKAPUVATH | COLOMBO) – The overall rate of inflation, as measured by the Colombo Consumer Price Index (CCPI) on Year-on-Year basis, has decreased to -0.5% in September 2024, compared to 0.5% in August 2024, according to the latest data released by the Department of Census and Statistics.
"Colombo’s inflation drops to -0.5% in Sept. 2024"Category: HIGHLIGHTED
(LANKAPUVATH | COLOMBO) – US President Joe Biden has congratulated Sri Lanka’s new President Anura Kumara Dissanayake on his election to office.
"Joe Biden congratulates Sri Lanka’s new President"
(LANKAPUVATH | COLOMBO) – The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank at their current levels of 8.25 per cent and 9.25 per cent, respectively.
"Central Bank maintains policy interest rates"
(LANKAPUVATH | COLOMBO) – The Central Bank of Sri Lanka (CBSL) says it purchased a significant amount of foreign exchange from the domestic market to bolster the Gross Official Reserves (GOR).
"Sri Lanka’s official reserves reach USD 6 billion"
(LANKAPUVATH | COLOMBO) – The Japanese Ambassador to Sri Lanka, MIZUKOSHI Hideaki, affirmed that the Japanese government is committed to fully supporting efforts to combat corruption and irregularities, a key priority of Hon. President Anura Kumara Dissanayake’s administration. He expressed readiness to continue close collaboration with Sri Lanka.
"Japan Expresses Full Commitment to Supporting the New Government’s Anti-Corruption Program"
(LANKAPUVATH | COLOMBO) – Given the volatile situation in Lebanon and Israel, Sri Lanka Missions in Beirut and Tel Aviv are on alert and working towards ensuring the safety of Sri Lankans in the affected areas.
"Safety of Sri Lankans in Israel and Lebanon"
(LANKAPUVATH | COLOMBO) – President Anura Kumara Dissanayake while stressing the importance of establishing stability and confidence in the economy yesterday announced the resumption of negotiations with the International Monetary Fund immediately.
"ECONOMIC STABILITY paramount – President"
(LANKAPUVATH | COLOMBO) – Fitch Ratings has affirmed Sri Lanka’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘RD’ (Restricted Default) and Long-Term Local-Currency IDR at ‘CCC-’.
"Fitch affirms Sri Lanka at ‘Restricted Default’"
(LANKAPUVATH | COLOMBO) – International Monetary Fund (IMF) Managing Director Kristalina Georgieva has assured Sri Lanka’s newly elected President that the global lender remains a steadfast partner and stands ready to assist Sri Lanka to achieve its development and reform goals, including under the ongoing IMF-supported program.
"IMF Managing Director writes to new President AKD"
(LANKAPUVATH | COLOMBO) – President Anura Kumara Dissanayake has signed the Extraordinary Gazette notification dissolving the Parliament of Sri Lanka effective from tonight (24).
"Sri Lanka’s new President dissolves Parliament"