CB releases publication on Financial Statements and Operations for 2024

by malinga
May 4, 2025 1:06 am 0 comment 50 views

Central Bank Governor Dr. Nandalal Weerasinghe presents the publication on the Financial Statements and Operations of the Central Bank of Sri Lanka 2024 to President Anura Kumara Dissanayake. Secretary to the President, Dr. N. S. Kumanayake, Chief Accountant Lasanthi Sirimanne and Director Policy Review and Monitoring Department of the Central Bank Samudra Jayasundera look on.

The publication on the Financial Statements and Operations of the Central Bank of Sri Lanka (CB) 2024, a requirement under Section 99(2) of the Central Bank of Sri Lanka Act, No 16 of 2023, was presented to President and the Minister of Finance, Planning and Economic Development, Anura Kumara Dissanayake by the Governor of the Central Bank of Sri Lanka, Dr. Nandalal Weerasinghe on April 29.

The Financial Statements and Operations of the Central Bank of Sri Lanka 2024 presents an overview of the Central Bank’s institutional performance during the year 2024.

The publication is structured into three main components: Operational Insights, Financial Statements, and Supplementary Information. The Operational Insights section outlines the Central Bank’s strategy and its core responsibilities, including maintaining domestic price stability, ensuring financial system stability, overseeing payment and settlement systems, managing currency issuance, and strategic communication.

This section also covers the Bank’s international engagements, the execution of other entrusted responsibilities including agency functions, and internal management arrangements.

The Financial Statements section presents the IFRS-compliant financial statements of the Central Bank of Sri Lanka for the year ended December 31, 2024, along with the independent report of the Auditor General. This segment also includes a financial review, providing an analysis of the Bank’s financial performance during the year. The Supplementary Information section provides details on the Bank’s regional presence, the list of institutions regulated and supervised by the Central Bank, and a summary of corporate information.

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