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The Central Bank of Sri Lanka Releases the Annual Economic Review for the Year 2025

The Annual Economic Review 2025, the publication in accordance with Section 80 of the Central Bank of Sri Lanka Act, No. 16 of 2023, was presented to His Excellency Anura Kumara Dissanayake, the President and the Minister of Finance, Planning and Economic Development, by Dr. P Nandalal Weerasinghe, the Governor of the Central Bank of Sri Lanka, today (20 April 2026).

Key highlights of the Annual Economic Review 2025 are given below:

Update on National Development Bank PLC

The Central Bank of Sri Lanka (CBSL) continues to closely monitor on a day-to-day basis developments relating to National Development Bank PLC (NDB) following the disclosure of an internal fraud.

SL Purchasing Managers’ Index (PMI) – March 2026

Purchasing Managers’ Indices indicate expansions in both Manufacturing and Services activities in March 2026.

Sri Lanka Purchasing Managers’ Index for Manufacturing (PMI – Manufacturing) increased to 66.7 in March 2026, supported by heightened activity related to seasonal demand. However, many respondents reported a tight production environment, mainly attributed to raw material and fuel shortages, rising costs, and logistical constraints.

National Development Bank PLC - Subsequent Update on Internal Fraud

The Central Bank of Sri Lanka (CBSL) wishes to inform the public that it has been closely monitoring developments relating to National Development Bank PLC (NDB) following the recent disclosure of an internal fraud.

IMF Staff Reaches Staff-Level Agreement on the Combined Fifth and Sixth Reviews under Sri Lanka’s Extended Fund Facility Arrangement

An International Monetary Fund (IMF) mission team led by Mr. Evan Papageorgiou visited Sri Lanka from 26 March to 9 April 2026 for the combined Fifth and Sixth Reviews under Sri Lanka’s Extended Fund Facility Arrangement. 

National Development Bank PLC - Internal Fraud

The National Development Bank PLC (NDB) has informed the Central Bank of Sri Lanka (CBSL) that it has uncovered an internal fraud that could lead to a significant loss being incurred. CBSL has also been informed that no customer accounts or deposits have been affected by this fraud.

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