Central Bank releases Monetary Policy Report for February 2024

February 16, 2024 at 10:22 AM

The Central Bank of Sri Lanka (CBSL) has released its Monetary Policy Report for February 2024.

According to the Central Bank, the report was issued on Wednesday (Feb 15) in keeping with the requirements of the Central Bank of Sri Lanka Act, No. 16 of 2023. 

The content of this Report is mainly based on information that was considered by the Monetary Policy Board of the Central Bank of Sri Lanka in formulating the monetary policy decision during the January 2024 review.

This is the second Monetary Policy Report published by the Central Bank to provide forward-looking insights about the economy, particularly in terms of inflation and economic growth. 

The Report also aims to provide an assessment of risks to the projections on inflation and economic growth, considering the ongoing and expected developments on domestic and global fronts. 

The Central Bank said through this report it strives to improve its transparency and accountability by communicating the rationale for the recent monetary policy decisions of the Bank.

Full report : 

https://www.cbsl.gov.lk/sites/default/files/cbslweb_documents/press/pr/press_20240215_monetary_policy_report_e.pdf (NewsWire)