Central Bank of Sri Lanka - Annual Report 2002

The Central Bank of Sri Lanka has published its Annual Report for the year ended 2002. Notable progress was made on all fronts during 2002, the Annual Report says. The cessation of hostilities and the ongoing peace process brought not only a sense of relief throughout the country, but led to a spontaneous increase in economic activity and a containment of non-productive expenditure. Substantial reforms, which would have long-term benefits, were introduced in areas such as labour markets, the

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