Fuel Prices Revised Downward for Second Consecutive Month

The Central Bank’s monetary board met in Batticaloa on Wednesday, weighing inflation data against calls from exporters for a more competitive rupee.

The figures come as Sri Lanka continues its post-crisis recovery, with exporters pressing for policy stability over the medium term.

We are seeing early signs of a genuine, broad-based recovery.

Central Bank Economist

• Foreign remittances remained steady compared to the previous quarter
• Exporters welcomed the move but urged faster implementation
• The finance ministry will publish a full report next month
• Small business associations asked for extended repayment terms

Industry chambers say they will keep pressing for reforms that make it easier to do business.