Motivation

Sri Lanka on Track to Meet Inflation and Stability Targets in 2026, Says Central Bank Governor

Sri Lanka’s Central Bank Governor Dr. Nandalal Weerasinghe has reaffirmed confidence in the country’s economic recovery, stating that inflation and financial stability targets are well within reach by next year.

Dr. Weerasinghe noted that the Central Bank’s inflation target of 5% is expected to be achieved in 2026, while overall financial stability has markedly improved compared to the crisis years of 2022 and 2023.

“In terms of economic recovery, the economy is continuously growing around 5%. I think that is a healthy economic growth after the crisis happened in 2022 and 2023,” he said.

Addressing concerns over rising inflation, the Governor clarified the difference between short-term price fluctuations and long-term inflation goals, emphasizing that temporary increases do not threaten the overall stability trajectory.

Dr. Weerasinghe also revealed that Sri Lanka is on course to exceed key fiscal targets, including the primary surplus and revenue goals, which will strengthen debt sustainability. Lower-than-expected fiscal deficits, he added, have reduced the government’s borrowing needs — improving debt dynamics and reinforcing a favorable long-term economic outlook.

Reporter

Share
Published by
Reporter
11 months ago

Recent Posts

Sri Lanka UGC Launches Research Grant Scheme to Improve University Rankings

COLOMBO, Sri Lanka — Sri Lanka’s University Grants Commission (UGC) has introduced a new research…

2 days ago

Sri Lanka’s School Big Matches Exempt from New School Alcohol Ban

COLOMBO, Sri Lanka — Sri Lanka’s new restrictions on alcohol and drug promotion at school-related…

2 days ago

EducationUSA University Fair 2026 to Connect Sri Lankan Students with U.S. Universities

COLOMBO, Sri Lanka — Sri Lankan students interested in pursuing higher education in the United…

2 days ago

Sri Lanka and Bhutan Explore New Cooperation in Education and Vocational Training

THIMPHU, Bhutan — Sri Lanka and Bhutan have agreed to explore deeper cooperation in education…

2 days ago

Sri Lanka Awards Rs. 100,000 Scholarships to 50 University Students with Disabilities

COLOMBO, Sri Lanka — Sri Lanka has awarded one-time scholarships of Rs. 100,000 each to…

2 days ago

India-Sri Lanka Foundation Approves New Education and Cultural Projects

NEW DELHI, India — The India-Sri Lanka Foundation has approved 13 new projects worth approximately…

2 weeks ago
Casino paper io betwinner taraftarium24 istanbul escort escort pendik yeni bahis siteleri 
<script type="text/javascript">
(function(window, document, dataLayerName, id) {
window[dataLayerName]=window[dataLayerName]||[],window[dataLayerName].push({start:(new Date).getTime(),event:"stg.start"});var scripts=document.getElementsByTagName('script')[0],tags=document.createElement('script');
function stgCreateCookie(a,b,c){var d="";if(c){var e=new Date;e.setTime(e.getTime()+24*c*60*60*1e3),d="; expires="+e.toUTCString()}document.cookie=a+"="+b+d+"; path=/"}
var isStgDebug=(window.location.href.match("stg_debug")||document.cookie.match("stg_debug"))&&!window.location.href.match("stg_disable_debug");stgCreateCookie("stg_debug",isStgDebug?1:"",isStgDebug?14:-1);
var qP=[];dataLayerName!=="dataLayer"&&qP.push("data_layer_name="+dataLayerName),isStgDebug&&qP.push("stg_debug");var qPString=qP.length>0?("?"+qP.join("&")):"";
tags.async=!0,tags.src="//aam.adstudio.cloud/containers/"+id+".js"+qPString,scripts.parentNode.insertBefore(tags,scripts);
!function(a,n,i){a[n]=a[n]||{};for(var c=0;c<i.length;c++)!function(i){a[n][i]=a[n][i]||{},a[n][i].api=a[n][i].api||function(){var a=[].slice.call(arguments,0);"string"==typeof a[0]&&window[dataLayerName].push({event:n+"."+i+":"+a[0],parameters:[].slice.call(arguments,1)})}}(i[c])}(window,"ppms",["tm","cm"]);
})(window, document, 'dataLayer', '2f3c3ac5-efd8-4f09-8bfb-67440a25c884');
</script><noscript><iframe src="//aam.adstudio.cloud/containers/2f3c3ac5-efd8-4f09-8bfb-67440a25c884/noscript.html" height="0" width="0" style="display:none;visibility:hidden"></iframe></noscript>

<div id="block_3845"></div>
<div id="block_3852"></div>
ssp.adstudio.cloud, 1099, DIRECT


rubiconproject.com, 23236, RESELLER, 0bfd66d529a55807