Sri Lanka central bank asks SMEs to apply for loan relief before deadline

CCPI in March 2025 signals easing of deflationary conditions | Central Bank of Sri Lanka

In line with the Central Bank’s near term projections, deflationary conditions commenced easing in March 2025. Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2021=100)1 remained in the negative territory for the seventh consecutive month, yet recorded a slower deflation of 2.6% in March 2025 compared to the deflation of 4.2% recorded in February 2025. FULL TEXT Published Date: Friday…

Sri Lanka central bank asks SMEs to apply for loan relief before deadline

ECONOMYNEXT – Sri Lanka’s central bank has urged SME borrowers to contact their banks before March 31 to get loan relief measures. These include rescheduling of credit facilities up to a period of 10 years, extending the time to commence repayments based on the capital outstanding, waiving off unpaid interest subject to conditions, and providing new working capital loans. However, only a limited number of borrowers had approached licensed banks …