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CBSL presents AER 2024 to President

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The Central Bank of Sri Lanka today (07) presented its flagship publication, the Annual Economic Review for 2024 (AER 2024), to President and Minister of Finance, Anura Kumara Disanayake, highlighting the steady progress of Sri Lanka’s economic recovery following the country’s most severe downturn in recent history.

The report was officially handed over by Dr. P. Nandalal Weerasinghe, Governor of the Central Bank, during a special ceremony held at the Presidential Secretariat.

AER 2024 comprises four main chapters: Macroeconomic Developments, Conditions of the Financial System, Review of Central Bank’s Policies and Macroeconomic Outlook.

According to the Review, the Sri Lankan economy showed significant signs of recovery in 2024, following the deep economic crisis experienced two years ago. The recovery trajectory, though challenging, has been notably faster than that of many other debt-distressed countries.

Improvements in economic activity, a partial resurgence in purchasing power and reduced uncertainty are among the key positive indicators noted in the report.

The event was attended by Dr. Nandika Sanath Kumanayake, Secretary to the President, Mr. K. M. Mahinda Siriwardena, Secretary to the Treasury, Mrs. K. M. A. N. Daulagala, Senior Deputy Governor, Dr. C. Amarasekara, Assistant Governor, Dr. (Mrs.) S. Jegajeevan, Director of Economic Research and Dr. L. R. C. Pathberiya and Additional Director of Economic Research at the Central Bank Dr. V. D. Wickramarachchi.

(President’s Media Division)

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10-hr. water cut tomorrow in Gampaha District

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A 10-hour water cut will be imposed in several areas in the Gampaha District tomorrow (June 11), the National Water Supply & Drainage Board (NWSDB) has announced.

Accordingly, the water supply to the Peliyagoda, Wattala, Ja-Ela and the Katunayake-Seeduwa Urban Council areas and Kelaniya, Biyagama, Mahara, Dompe, Katana, Minuwangoda and Gampaha Pradeshiya Sabha areas will be suspended from 08:30am – 06:30pm tomorrow, the NWSDB said.

The NWSDB noted that the water cut is being imposed to facilitate the connection of the solar grid at the Biyagama Water Treatment Plant to the main grid and also to carry out essential maintenance activities.

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First Dy. Managing Director of IMF to visit Sri Lanka

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Dr. Gita Gopinath, the First Deputy Managing Director (FDMD) of the International Monetary Fund (IMF), is scheduled to visit Sri Lanka from June 15 -16, the Central Bank of Sri Lanka states.

The CBSL adds : This visit is significant, as it marks the first time since 2005 that a serving FDMD of the IMF visits Sri Lanka. During this visit, Dr. Gopinath will be the guest of honour at the conference on “Sri Lanka’s Road to Recovery: Debt and Governance”, jointly co-hosted by the Ministry of Finance, Central Bank of Sri Lanka and the IMF, scheduled to be held on 16 June 2025. At the mid-point of the IMF-supported reform programme, the conference aims to reflect upon the lessons learnt from Sri Lanka’s experience in restoring macroeconomic stability, implementing debt restructuring and governance reforms, and to focus on the challenges ahead. Additionally, FDMD is expected to hold bilateral discussions with the Sri Lankan authorities and several key stakeholders on the IMF’s engagement with Sri Lanka.

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Over 19,000 Poson ‘Dansal’ islandwide

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Additional Secretary (Public Health Services) of the Ministry of Health and Mass Media – Consultant Dr. Lakshmi Somathunga states that 19,185 Poson ‘Dansal’ have been registered across the country for the 2025 Poson festival.

The breakdown includes :

Anuradhapura – 2,301, Kurunegala – 2,114, Gampaha – 1,792, Kandy – 1,264, Galle – 1,186, Matara – 1,021, Ratnapura – 1,097, Colombo – 944, Kalutara – 977, Badulla – 968, Matale – 812, Monaragala – 716, Puttalam – 731, Polonnaruwa – 650, Ampara – 584, Hambantota – 533, Trincomalee – 152, Nuwara Eliya – 352, Batticaloa – 9, Jaffna – 3, Kilinochchi – 3, Mullaitivu – 17, Vavuniya – 21, Mannar – 2, Kalmunai – 14, Kegalle – 922

A special circular titled “Detailed Guidelines for Organizing a Safe and Hygienic Dansala,” dated 2025.05.06, has been issued by the Director General of Health Services.

The guidelines cover registration with health authorities, inspections by public health inspectors, hygiene standards for food handlers and preparers, quality of raw ingredients, food preparation, waste disposal, and overall food safety awareness and enforcement.

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