Feature

In what is seen as the latest move to extend relief to the pandemic-affected borrowers, the Central Bank of Sri Lanka (CBSL) is likely to direct the banks to extend the pause on the recovery actions on loans and leases for a further period after the expiry of the current moratorium on March 31.

Feature

The Bar Association of Sri Lanka (BASL) has filed two fundamental rights petitions in the Supreme Court seeking an order to the Cabinet of Ministers to formulate a formal policy to provide relief to the people affected by the current economic crisis.

Feature

The absence of a meeting between a top official of the International Monetary Fund (IMF) who visited Sri Lanka to brief the government on the IMF’s assessment of the crisis-hit economy and the Governor of the Central Bank shows a clear split in the government, SJB parliamentarian Dr. Harsha De Silva said.

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