Current account to record a surplus in 2009
Inflationary pressures continue to remain subdued
as reflected by the annual average inflation of around 4 percent
recorded by end November 2009, although year-on-year inflation
increased to 2.8 percent, a media release from the Central Bank
said. The outlook for inflation remains benign.
In keeping with Central Bank directive:
Licensed banks agree to reduce credit card interest rates
All licensed banks have agreed to reduce their
interest rates on credit cards in keeping with the directive issued
by the Central Bank of Sri Lanka. The banks issuing credit cards
will reduce the interest rates in the range - 24-36 percent.
Govt to provide IT centres for 6,000 schools next year
IT education vital to build knowledge economy:
The role of IT in education is essential in
building a knowledge economy and the Government’s objective is to
provide IT centres for 6,000 schools by next year. The Education
Ministry has already provided IT laboratories for 3,500 schools,
Education Minister, Susil Premjayanth told a ceremony to mark the
success of the “Year of English and IT at the BMICH yesterday.