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Sri Lanka government explains central bank’s 5-pct inflation target
“To a developing and open economy like Sri Lanka a 5 percent inflation target is most suited
“To a developing and open economy like Sri Lanka a 5 percent inflation target is most suited
The Central Bank of Sri Lanka (CBSL) remains firmly committed to its inflation target of 5%, as agreed with the government in 2023 under the provisions of the Central Bank Act, according to Governor Dr. Weerasinghe emphasized that the agreement ensures CBSL's responsibility for achieving the target.
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