Cabinet approval granted for new Central Bank of Sri Lanka draft bill
The Cabinet of Ministers has granted approval to the new Central Bank of Sri Lanka (CBSL) Draft Bill.
The Central Bank of Sri Lanka Draft Bill was published in the Government Gazette on November 01, 2019, and although it was also tabled in the Parliament for approval, it has not been included in the order book, Cabinet Spokesman Minister Bandula Gunawardena said today (December 20).
However, he said the original draft bill has been developed by incorporating new amendments in order to make it possible to perform the activities of the CBSL more efficiently and effectively to suit the current requirements.
Accordingly, the Cabinet of Ministers has granted approval for the bill prepared by the legal draughtsman, which was presented to the Cabinet by President Ranil Wickremesinghe in his capacity as the Minister of Finance, Economic Stabilization and National Policy.
Latest Headlines in Sri Lanka
- IGP Deshabandu Tennakoon’s assets to be frozen if he evades court – Minister March 9, 2025
- Sri Lanka to introduce low-priced alcohol to curb illicit liquor consumption March 9, 2025
- Oddusuddan Tile Factory reopens after 35 years March 9, 2025
- Elephant Pass salt factory to be opened to the public on March 26, 2025 March 9, 2025
- Sri Lanka’s Public Finance Committee approves excise duty hike on liquor March 8, 2025
