Budget 2022 | Fiscal weakness to persist next year
In our assessment, for Sri Lanka to achieve meaningful economic outcomes from the budget, far-reaching reforms have to be carried ...
Insights
Pandemic to Endemic | Implications for Sri Lankan Economy
Increasingly, many experts feel transitioning to an endemic is a realistic endpoint for the current pandemic. Endemic means the ...
2022 SL Budget Appropriation Bill | Initial Observations
This article presents ICRA Lanka’s initial observations with regard to the aggregate expenditure allocations of First and Second Schedules...
Low interest rates. Who are the winners and losers?
When the COVID pandemic engulfed global economies, Central Banks around the world almost universally, brought ...
Monthly
Updates
October 2021
The CBSL maintained policy interest rates at their current levels in October. Call and repo rates remained close to the upper bound ...
September 2021
Money market rates adjusted upward in response to the policy rate hike in August. The call and repo rates converged on the upper ...
August 2021
The CBSL tightened its monetary policy stance on 19th August by 50 bps becoming the first central bank in the region to do so. The press ...
July 2021
Call and repo rates climbed ~19 bps converging on 3M T-bill yield as excess liquidity in the money markets continued to dry up during ...