News

CBSL Annual Report (2022) handed over to the President

Published

12 months ago

April 27, 2023

editor

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

Fox Hill After party held just hours after tragic accident (Video)

Published

10 seconds ago

April 23, 2024

editor

Despite the tragic accident that took place during the 2024 Foxhill Supercross racing event on April 21, organizers had gone ahead with an after party event scheduled for that very night, sparking widespread public criticism.

The accident claimed the lives of 07 while injuring over 20 others. The event was suspended soon after the incident.

Meanwhile, legal experts say that although organizers have been attempting to shift the entire blame on the drivers, legal redress cannot be sought against drivers at such a racing event.

It is also said that the organizers are to be blamed for the incident.

The 28th edition of the ‘Fox Hill SuperCross,’ was organized by the Sri Lanka Military Academy Diyatalawa with the support of Sri Lanka Automobile Sports (SLAS).

Meanwhile, a seven member committee has been appointed by the Sri Lanka Army to investigate the tragic accident and findings are to be submitted to the Army Commander.

News

MFA Consular Division to be relocated to “Suhurupaya”

Published

3 hours ago

April 23, 2024

editor

The Ministry of Foreign Affairs states that their Consular Affairs Division will be relocated to the new premises at the 16th floor of “Suhurupaya”, Sri Subhuthipura Road, Battaramulla with effect from May 02, 2024.

All consular services will be provided to the public at the new office premises during regular office hours from Monday to Friday, 8.30 am to 4.15 pm, an MFA media release notes.

It further adds :

Document authentication services provided by the Consular Affairs Division in Colombo will be temporarily suspended for the public on 29 and 30 April 2024 in order to facilitate the transition of the Electronic Document Authentication System (e-DAS) to the new premises at Suhurupaya.

However, during the said transition period, the Regional Consular Offices in Jaffna, Trincomalee, Kurunegala, Kandy and Matara will remain open to the public during regular office hours. Applications for document authentication can be submitted to the Regional Offices as usual and the authenticated documents will be delivered to the applicants only on Thursday, 02 May 2024.

The public is also hereby advised to submit any urgent application for authentication to the Consular Division in Colombo, or any Regional Consular Offices by 4.15 pm on 26 April 2024, with a view to avoiding any inconvenience.