Connect with us

News

CBSL Annual Report (2022) handed over to the President

Published

on

The Annual Report of the Central Bank of Sri Lanka (CBSL) 2022 was presented by Central Bank Governor Dr. Nandalal Weerasinghe to the Minister of Finance, Economic Stabilization and National Policies, President Ranil Wickremesinghe at the Ministry of Finance today (27).

Presented as the 73rd Annual Report of the CBSL, this report consists of four main parts.

Accordingly, the first part consists of 08 chapters and 30 sub-chapters explaining the state of the economic affairs of the year, while the second part consists of a collection of gazettes and circulars related to various policy measures taken by the Government and the CBSL. The third part of this report explains the departments of the CBSL and their related roles and the fourth part includes a list of laws and ordinances related to the banking system connected to the Government and the CBSL.

In accordance with Section 35 of the Monetary Law Act, the Monetary Board of the CBSL is required to produce an annual report on the economic conditions and the policies taken for that year and submit it to the Minister of Finance within four months after the end of the relevant year.

Secretary of the Ministry of Finance Mr Mahinda Siriwardana, Director of the Economic Research Department of the Central Bank of Sri Lanka Dr. P.K.G.Harishchandra, Additional Directors of Economic Research Dr. Mrs. S. Jegajeevan and Dr. L. R. C. Pathberiya participated in this event.

Click here for The 2022 annual report of the Central Bank of Sri Lanka

(President’s Media Division)

News

Litro slashes gas cylinder prices

Published

on

By

Litro Gas Lanka, one of the country’s two leading suppliers of domestic Liquefied Petroleum (LP) gas, has decided to slash the prices of its products.

The price reduction will be effective from midnight tomorrow (June 04), according to Litro chairman and CEO Muditha Peiris.

Continue Reading

News

Three state bank employees arrested for stealing pawned gold jewellery

Published

on

By

The Criminal Investigation Department (CID) has arrested three employees of a state bank in Oddamavadi for stealing pawned gold jewellery to the tune of LKR 20 million.

According to the police, among the arrestees are the deputy manager, operations manager and the service assistant of the said state bank.

The trio is accused of stealing pawned 873g of gold jewellery from the safety-deposit box of the state bank.

The CID team had initiated probes into the matter after receiving a complaint about several pieces of gold jewellery that had gone missing from the depository of the bank.

An individual, upon visiting the bank to retrieve the gold jewellery he had pawned in November last year to obtain a loan, had learned that the items were, in fact, missing. After conducting an inspection, the bank employees realized that 13 packets of gold jewellery have been disappeared from the depository.

The bank’s management has suspended the duties of the deputy manager over the incident.

During the interrogations, he had confessed that two other female employees – an operations manager and a service assistant – too were complicit in the theft. They were later placed under arrest by the CID investigators.

They had used the depository keys which were in their possession to steal the gold jewellery on three occasions.

After stealing 13 packets of gold jewellery, the trio had sold them to gold jewellery shops in the area for LKR 13.7 million out of which LKR 5.7 million was retained by the deputy manager to settle a loan. The operations manager, meanwhile, held on to LKR 5 million, which she deposited in a bank for her daughter. The service assistant had purchased a three-wheeler and a piece of land from the LKR 3 million she received.

The trio was remanded until June 16 after being produced before the Valachchenai Magistrate’s Court on Friday (June 02).

Continue Reading

News

3 sluice gates of Kukule Ganga reservoir opened

Published

on

By

Three of the four sluice gates of Kukule Ganga reservoir were opened this evening (June 02) as heavy rains were experienced in the catchment areas.

The authorities have advised the people living in low-lying areas of the Kukule Ganga reservoir to be on alert of possible floods.

It is reported that the water levels of the reservoir have increased at an alarming rate after the downpours in the water catchment areas.

Meanwhile, the Irrigation Department issued an ‘Amber’ flood warning for the upper catchment areas of Kuda Ganga sub-basin of Kalu River after heavy rainfall was received.

Continue Reading

Trending

Copyright © 2022 Sri Lanka Mirror. All Rights Reserved