Sri Lanka’s 5% Inflation Target Unchanged for Next Three Years: CB

Sri Lanka’s 5% inflation target unchanged for next three years: CB

Sri Lanka Maintains Steady 5% Inflation Goal for the Next Three Years, Central Bank Confirms

FINANCIAL CHRONICLE – The Sri Lankan government has set an inflation target of 5 percent for the next three years, extending through October 2029. This decision was formalized through a recent agr…

Sri Lanka’s inflation target set at 5% for the next three years

The Central Bank of Sri Lanka (CBSL) will aim to maintain the quarterly headline inflation rate at 5% over theContinue Reading

Sri Lanka’s Inflation Target is set at 5% for the next three years | Central Bank of Sri Lanka

The Minister of Finance, Planning and Economic Development and the President of Sri Lanka, Hon. Anura Kumara Dissanayake, and the Governor of the Central Bank of Sri Lanka, Dr. P Nandalal Weerasinghe, signed a new Monetary Policy Framework Agreement (MPFA) in terms of Section 26 of the Central Bank of Sri Lanka Act, No. 16 of 2023 (CBA) on 01 October 2026. The Agreement was published in Government Gazette Extraordinary No. 2508/28 dated 01 Octob…

Govt. to retain 5% inflation target for next three years

Sri Lanka will keep its inflation target at 5%, with a band of 2 percentage points on either side, for the next three years, Central Bank of Sri Lanka (CBSL) Governor Dr. Nandalal Weerasinghe said yesterday. The Government has accepted the CBSL’s recommendation. Speaking at the media briefing to announce the latest monetary policy decision, Dr. Weerasinghe said the Government would soon announc ..