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Asian Tribune is published by World Institute For Asian Studies|Powered by WIAS Vol. 12 No. 2344

The 68th Central Bank Report Released

Colombo, 27 April, (Asiantribune.com):

The Governor of the Central Bank of Sri Lanka Dr. Indrajit Coomaraswamy handed over the First copy of Annual Report - 2017 of the sixty eighth Annual Report of the Monetary Board of the Central Bank of Sri Lanka (CBSL) to Minister of Finance and mass media Mr. Mangala Samaraweera on Thursday (26).today at the treasury.

Secretary to the Treasury Dr.R.H.S. Samaratunga,Senior Deputy Governor Dr.P. Nandalal Weerasinghe were present at the occasion along with the following officials from CBSL.

Mr. K.D.Ranasinghe - Deputy Governor.

Mr. C.J.P. Siriwardena - Deputy Governor.

Dr. Yuthika Indraratne - Director Economic Research.

Dr. C.Amarasekara - Add.Director Economic Research.

Mrs.W.A. Dilrukshini - Add.Director Economic research.

The reports highlights that the stabilization policy measures taken by the Central Bank and the government in the past two years resulted in a number of notable improvements, although real economic growth faltered and recorded a multi year low during 2017.

The monetary policy stance of the Central Bank that was gradually tightened since end 2015, was tightened further in March 2017 by raising the key policy interest rates of the Central Bank by 25 basis points. “Increasing market interest rates were allowed to stabilize at high levels,” it said.

- Asian Tribune -

The 68th  Central Bank Report Released
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