The Central Bank said on Wednesday that its’ Monetary Policy Review: No. 02 of 2025 will be announced on Wednesday March 26.
At the previous review announced on January 29, 2025, the banking regulator said the Monetary Policy Board of the Central Bank decided to maintain the Overnight Policy Rate (OPR) at its current level of 8 per cent.
Meanwhile the Census and Statistics Department said on Tuesday that the economy of Sri Lanka grew by 5 percent in 2024. The GDP for the year 2024 at constant prices (2015) increased up to Rs.12,472,469 million from Rs. 11,877,556 million which was recorded in the year 2023.
All the three sectors of the economy; Agriculture, Industry and Services expanded by 1.2 per cent, 11.0 per cent and 2.4 per cent respectively, the department said.
Former State Minister Sivanesathurai Chandrakanthan alias Pilleyan has been arrested by the CID in Batticaloa.
A person who carried a nine millimeter fire arm to the departure terminal of the Bandaranike International airport was arrested by airport police yesterday.
Former President Ranil Wickremesinghe has been summoned by the Bribery Commission following a statement he made supporting MP Chamara Sampath Dissanayake who is in custody.
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