Page 44 - Monetary Board News Today

Sri Lanka's central bank reduced its benchmark rates sharply on Thursday to reinforce economic rebound amid faster deceleration of inflation. The Monetary Board of the Central Bank of Sri Lanka lowered the Standing Deposit Facility Rate and the Standing Lending Facility Rate by 200 basis points to 11.

DESPITE the recent low inflation print, the Bangko Sentral ng Pilipinas (BSP) said this may not be enough reason to consider another pause or a rate cut in the next policy rate setting. BSP Governor Eli M. Remolona Jr. told reporters late Wednesday that apart from inflation, the Monetary Board…

MONETARY authorities could keep key interest rates on hold if inflatIon continues to fall, the countrys new central bank chief hinted on Wednesday, with rate cuts possible if consumer price growth returns to target.

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The Inland Revenue Act and the Appropriation Act would be amended in line with the domestic debt restructuring strategy, State Minister of Finance Ranjith Siyambalapitiya told journalists at Ruwanwella on Sunday. Siyambalapitiya was talking to journalists about the next steps to be taken by the government after Parliament approved the domestic debt restructuring programme on Saturday. The State Minister said the Central […]

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Parliament disregarded COPE recommendation for PSC By Shamindra Ferdinando Eksath Janaraja Peramuna (EJP) leader and SJB MP Patali Champika Ranawaka, MP, has called for the setting up of a special commission to investigate those who bankrupted the economy.  Ranawaka said that those who had served as Finance Ministers, Governors of the Central Bank and members of the […]

NEWLY appointed Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona on Monday pledged to continue growing the countrys financial sector by building on gains made by his predecessor, Felipe Medalla.

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