Verite Research Institutional Knowledge Repository: Recent submissions
Now showing items 1-20 of 2613
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Authorization Under Foreign Loan Act No. 29 of 1957 and Its Subsequent Amendments
(3/30/2020)On 30 March 2020, P.B. Jayasundara, Secretary to the President, instructed S.R. Attygalle, Secretary to the Treasury, to submit the documents and materials specified in the letter when requesting authorisation under the ... -
Information Note on the Proposed Issuance of Treasury Bills to the Central Bank of Sri Lanka
(3/12/2020)In its 12 March 2020 information note on the Secretary to the Treasury’s request for the Central Bank to issue Rs. 50 billion in treasury bills before 13 March 2020, the Economic Research Department of the Central Bank ... -
Observations on the Request for Central Bank Financing for an Energy Stabilisation Fund
(3/18/2020)In its 18 March 2020 observations on Treasury’s request to finance an Energy Stabilisation Fund, the Economic Research Department emphasised that all alternative options must be explored before seeking Central Bank funding, ... -
Non-conventional International Sovereign Bonds
(5/11/2020)This is the reply dated 5 November 2020 from W.D. Lakshman, Governor of the Central Bank of Sri Lanka, to the letter from Deputy Secretary to the Treasury, Mr. R.M.P. Ratnayake, dated 13 October 2020, regarding the proposal ... -
Press Release: Fitch and Moody’s Rating Actions
(11/27/2020)On 27 and 28 November 2020, the Ministry of Finance and the Central Bank of Sri Lanka responded to the downgrade of Sri Lanka’s rating by Fitch Ratings and Moody’s Investor Service. They stated that the ratings were based ... -
Issuance of Government Securities
(4/30/2020)This correspondence, dated 30 April 2020 from S.A. Amarasekara, Secretary to the Cabinet of Ministers, informs W.D. Lakshman, Governor and Monetary Board of the Central Bank of Sri Lanka of the decision and policy on issuing ... -
Policy on the Treasury Bill Cut Off Yield
(4/30/2020)This correspondence dated 30 April 2020, from S.R. Atygalle, Secretary to the Treasury, to W.D. Lakshman, Governor of the Central Bank of Sri Lanka, informs the decision and policy on the Treasury Bill Cut Off Yield. It ... -
Press Release: S&P Global Ratings Actions
(11/12/2020)On 11 December 2020, the Ministry of Finance responded to S&P, stating that their assessment overlooked expected medium-term improvements from key fiscal consolidation and deficit financing proposals in the 2021 Government Budget. -
Financial Management Concerns
(2/4/2020)This correspondence from P.B. Jayasundara, Secretary to the President, informs W.D. Lakshman, Governor of the Central Bank of Sri Lanka, to request the Central Bank to provide leadership and support to the banking system, ... -
Correspondence with the IMF Regarding the Fund Programme
(4/4/2020)P.B. Jayasundara, Secretary to the President of Sri Lanka, sent this reply to Chang Yong Rhee, Director of the Asia and Pacific Department at the International Monetary Fund (IMF), following their recent call and discussion ... -
Issuance of Treasury Bills to the Central Bank of Sri Lanka
(10/3/2020)This contains correspondence between S.R. Attygalle, Secretary to the Treasury, W.D. Lakshman, Governor of the Central Bank of Sri Lanka, other Central Bank officials, and P.B. Jayasundara, Secretary to the President, from ... -
Proposal to Impose 150 Percent Deposit Margin on Letters of Credit
(6/21/2021)On 21 June 2021, P.B. Jayasundara, Secretary to the President, advised W.D. Lakshman, Governor of the Central Bank of Sri Lanka, and the Monetary Board to refrain from imposing deposit margins on LCs without proper appraisal ... -
Issuance of Treasury Bills to the Central Bank of Sri Lanka
(10/3/2020)On 10 March 2020, S.R. Attygalle, Secretary to the Treasury, requested W.D. Lakshman, Governor of the Central Bank of Sri Lanka, to issue Treasury Bills amounting to Rs 50 billion to the Central Bank before 13 March 2020 ... -
Correspondence from President’s Secretary to the Central Bank Governor on Balance of Payments Report
(2/9/2020)This is the reply sent by P.B. Jayasundara, Secretary to the President, to the letters reporting balance of payments situation (dated 04th August 2020 and 25th August 2020) sent by W.D. Lakshman, Governor of the Central ... -
IMF Projections for October 2020 World Economic Outlook and Press Lines
(12/10/2020)This email dated 12 October 2020 from Masahiro Nozaki, Deputy Division Chief and Mission Chief for Sri Lanka at the IMF, to S.R. Attygalle, Secretary to the Treasury, W.D. Lakshman, Governor of the Central Bank of Sri ... -
Government Borrowing Programme for 2021
(12/30/2020)This letter, dated 30 December 2020, from W.D. Lakshman, Governor of the Central Bank of Sri Lanka, to S.R. Attygalle, Secretary to the Treasury and Ministry of Finance, conveys the Monetary Board’s recommendations to the ... -
Report on the Balance of Payments Situation
(4/8/2020)This letter, dated 4 August 2020, from W.D. Lakshman, Governor and Chairman of the Monetary Board of the Central Bank of Sri Lanka, to President Gotabhaya Rajapaksa, outlines the balance of payments situation. -
Government Borrowing Programme for the Period from September to December 2020
(9/24/2020)This letter, dated 24 September 2020, from W.D. Lakshman, Governor of the Central Bank of Sri Lanka, to S.R. Attygalle, Secretary to the Treasury, conveys the Monetary Board’s recommendations to the General Treasury, ... -
Correspondence on Treasury Bonds and Bills Auction
(3/21/2020)These correspondences from S.R. Attygalle, Secretary, Treasury to W.D. Lakshman, Governor of the Central Bank of Sri Lanka outline the government's position on treasury bill and bond auctions in response to challenges posed ... -
Banking Facility and Credit Support to the Local Economy
(3/23/2020)This correspondence from P.B. Jayasundara, Secretary to the President, informs W.D. Lakshman, Governor of the Central Bank of Sri Lanka, about the President’s humanitarian concerns and initiatives. As outlined, the Central ...