Category: Economy

  • Sri Lanka Central Bank Targets 5% Cost of Living by 2026

    Sri Lanka Central Bank Targets 5% Cost of Living by 2026

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    FINANCIAL CHRONICLE – According to a recent monetary policy report, Sri Lanka’s central bank anticipates an increase in the annual cost of living, targeting a rise towards the contentious 5 percent floor rate by the second half of 2026. The report states, “Inflation is projected to accelerate gradually and is expected to move towards the

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