Active credit cards in Sri Lanka rose by 4.8 percent or 91,371 in 2024, the latest Central Bank data showed, with the island ...

COLOMBO: Sri Lanka’s central bank keeps its benchmark ... The bank lowered the rate four times by a total of 650 basis points in 2023. The deposit rate was also held at 9%.

ruling out any short-term reduction in the monetary policy interest rate or efforts to raise funds from international markets in the next two years. Even though Sri Lanka has been facing deflation ...

This March marks the mid-point of Sri Lanka’s four-year economic reform ... over a much longer time horizon over the next 20 years with much reduced interest rates. Sri Lanka’s tradeable debt ...

Thavarathnam Pushparani fought on the front lines for the now-defeated Tamil Tiger rebels against the Sri Lankan forces in ...