Jan 06, 2020 (LBO) – Sri Lanka's Central Bank expects to maintain inflation within a range of 4-6 percent through a transparent, coherent, and accountable monetary policy framework going forward.
Announcing the road map of the Central Bank for this year, Governor W D Lakshman highlighted that maintaining inflation at stable levels would help improve economic prosperity of Sri Lanka.
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"In this regard, the Central Bank will continue its dialogue with fiscal authorities. Adjustments to the Monetary Law Act to align it with global best practices are also envisaged," he said.
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"At the same time, financial sector oversight and macroprudential policies are to be strengthened to ensure financial system stability.
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