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In early April President Gotabaya Rajapaksa offered the post of Governor of the Central Bank of Sri Lanka to Weerasinghe and he accepted the position. [17] [18] He assumed his duties as CBSL governor as of 7 April 2022. [19] He replaced Ajith Nivard Cabraal as his successor to become the 17th Governor of the Central Bank of Sri Lanka. [20]
In the past four years, the share of people living below the poverty line in Sri Lanka has risen to 25.9 per cent. The World Bank forecasts the economy to grow by just 2.2 per cent in 2024.
The 17th Parliament of Sri Lanka (10th Parliament of the Democratic Socialist Republic of Sri Lanka) is the current Parliament of Sri Lanka, with its membership determined by the results of the 2024 parliamentary election held on 14 November 2024. [1] [2] The parliament met for the first time on 21 November 2024. [3]
COLOMBO (Reuters) -Sri Lanka's central bank governor signalled on Monday he would stay in the job but warned that prolonged political instability in the country may delay progress on negotiations ...
Sri Lanka’s Parliament voted to support a proposal to restructure a staggering domestic debt in a special session Saturday as the Indian ocean island nation struggles to emerge from an ...
The Sri Lanka People's Freedom Alliance (SLPFA), led by Mahinda Rajapaksa, won a large majority in the 2020 Sri Lankan parliamentary election on 5 August 2020. [14] During their tenure, the government under President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa faced multiple crises, including the COVID-19 pandemic and an economic crisis, which culminated into widespread protests ...
The Central Bank of Sri Lanka was established in 1950, two years after independence. The founder governor of the Central Bank of Sri Lanka was John Exter, while the minister of finance at the time was J. R. Jayewardene. Under the former name of Central Bank of Ceylon, it replaced the Currency Board that until then had been responsible for ...
Malaysia named its new central bank governor on Friday, choosing a woman who had been a former deputy governor assisting investigations into the 1MDB scandal, and who has most recently held a ...