The Central Bank has released a pamphlet on ‘Monetary Policy Implementation in Sri Lanka’ in all three languages, with the aim of enhancing awareness of the general public on the role of the Central Bank in the implementation of monetary policy in Sri Lanka. As a part of the broader communication strategy of the Central Bank, this publication presents a simple discussion on the technical aspects of monetary policy implementation, making it accessible to individuals from various backgrounds and providing valuable insights into monetary policy formulation, implementation, monetary instruments and transmission mechanism, while serving to eliminate any misperceptions on monetary operations among the general public.
This pamphlet contains a discussion on the role of monetary policy in achieving the Central Bank objectives, monetary policy implementation through liquidity management and operationalisation of policy instruments, and the monetary transmission mechanism in the context of Sri Lanka. In this context, this publication will be a useful and reliable source of reference for those who are interested in monetary policy implementation in Sri Lanka.
The pamphlet is available in electronic form and can be accessed through the Central Bank website https://www.cbsl.gov.lk/en/publications/other-publications/public-awareness