Category: Local News

Central Bank’s independence doesn’t mean lack of accountability – Harsha

As calls are growing for the independence of Sri Lanka’s Central Bank, which was also clearly laid out in the staff-level agreement with the International Monetary Fund (IMF), there are growing concerns among certain sections whether total independence would mean lack of accountability for the actions the monetary authority takes to maintain price stability.















Norway to close Embassy in Sri Lanka in 2023

The Government of Norway has decided to make structural changes in its network of diplomatic missions abroad and five overseas missions will be permanently closed, including the Norwegian Embassy in Colombo by the end of July 2023.