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Net Foreign Assets of the Central Bank turns negative at a multi-decade low in August 2021
Net Foreign Assets (NFA) of a country's monetary authority refers to the difference between gross foreign reserve assets and liabilities related to foreign reserves. Typically, such liabilities include the Central Bank's liabilities to the IMF, swaps, and any other reserve related liabilities. In August 2021 the Central Bank's NFA was LKR –84 billion. The Central Bank has published data on CBSL NFA since 1995 and this is the first time the CBSL's NFA has turned negative during this period.
Featured Insight
Net Foreign Assets of the Central Bank turns negative at a multi-decade low in August 2021
Net Foreign Assets (NFA) of a country's monetary authority refers to the difference between gross foreign reserve assets and liabilities related to foreign reserves. Typically, such liabilities include the Central Bank's liabilities to the IMF, swaps, and any other reserve related liabilities. In August 2021 the Central Bank's NFA was LKR –84 billion. The Central Bank has published data on CBSL NFA since 1995 and this is the first time the CBSL's NFA has turned negative during this period.
Featured Insight
Net Foreign Assets of the Central Bank turns negative at a multi-decade low in August 2021
Net Foreign Assets (NFA) of a country's monetary authority refers to the difference between gross foreign reserve assets and liabilities related to foreign reserves. Typically, such liabilities include the Central Bank's liabilities to the IMF, swaps, and any other reserve related liabilities. In August 2021 the Central Bank's NFA was LKR –84 billion. The Central Bank has published data on CBSL NFA since 1995 and this is the first time the CBSL's NFA has turned negative during this period.
Featured Insight
Net Foreign Assets of the Central Bank turns negative at a multi-decade low in August 2021
Net Foreign Assets (NFA) of a country's monetary authority refers to the difference between gross foreign reserve assets and liabilities related to foreign reserves. Typically, such liabilities include the Central Bank's liabilities to the IMF, swaps, and any other reserve related liabilities. In August 2021 the Central Bank's NFA was LKR –84 billion. The Central Bank has published data on CBSL NFA since 1995 and this is the first time the CBSL's NFA has turned negative during this period.
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Allocation of Government Expenditure for 2022 as per Appropriation Bill
The appropriation bill for 2022 was presented to the parliament on the 7th of October 2021 The draft bill sho...
2021-10-29
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