Monday Jun 22, 2026
Monday Jun 22, 2026
Monday, 22 June 2026 00:22 - - {{hitsCtrl.values.hits}}
The Central Bank of Sri Lanka (CBSL) has invited the public to submit views on the country’s inflation target and related monetary policy parameters as part of a review process scheduled to conclude in October 2026.
“The CBSL is currently undertaking a review of the inflation target and related parameters to assess their continued appropriateness in the context of Sri Lanka’s evolving economic environment,” the CBSL said in a statement. “As part of this review, the CBSL invites views from the general public through this survey.”
The CBSL said information gathered through the consultation process would support the review and help ensure that the monetary policy framework remains effective in maintaining price stability.
Public submissions will be accepted until 15 July through an online survey made available by the CBSL.
The outcome of the review is expected to inform the next Monetary Policy Framework Agreement (MPFA), which will set the inflation target and related parameters for the coming period.
The review is being conducted in line with the provisions of the new Central Bank Act, which requires the inflation target and related parameters to be reassessed at least once every three years, or earlier under exceptional circumstances.
Sri Lanka’s current inflation target was set at 5% under the MPFA signed between the Finance Minister and CBSL in October 2023. The agreement, which established a target range of 5% with a tolerance margin of ±2 percentage points, will complete its initial three-year term later this year.
Under the Central Bank Act, the primary objective of the CBSL is to achieve and maintain domestic price stability. Monetary policy is implemented through a Flexible Inflation Targeting (FIT) framework, under which inflation is guided towards the target agreed between the Government and the CBSL.
The CBSL said the ongoing review is intended to assess whether the current inflation target and associated parameters remain appropriate in the context of Sri Lanka’s evolving economic environment.
