Sri Lanka modernises central bank with support

SRI LANKA - Sri Lanka will boost the effectiveness of the Central Bank of Sri Lanka (CBSL) with support from a US$30.3 million credit just announced by the World Bank. The Central Bank Strengthening Project provides resources and technical assistance to bolster ongoing improvements and modernisation within the Central Bank.

Since mid-2000, the staff of the Central Bank of Sri Lanka has been immersed in an exercise of intense examination of the role and functions of the CBSL. Their goal was the