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The Central Bank of Sri Lanka (abbr. CBSL; Sinhala: ශ්රී ලංකා මහ බැංකුව, romanized: Sri Lanka Maha Bankuwa) is the monetary authority of Sri Lanka. It was established in 1950 under the Monetary Law Act No.58 of 1949 (MLA) and in terms of the Central Bank of Sri Lanka Act No. 16 of 2023, the CBSL is a body ...
The Fiscal Responsibility and Budget Management Bill (FRBM Bill) was introduced in India by the then Finance Minister of India, Yashwant Sinha [1] in December 2000. Firstly, the bill highlighted the terrible state of government finances in India both at the Union and the state levels under the statement of objects and reasons. [2]
As of 8 February 2025, NDA have government in 19 States and 2 Union Territories. INDIA bloc have government in 8 States and 1 union Territories. Other one party ZPM , which is not part of any alliance has government in Mizoram state.
The Governor of the Central Bank of Sri Lanka (CBSL) functions as the chief executive of the Sri Lankan central bank. The post is the ex-officio chairperson of the Monetary Board of Central Bank of Sri Lanka. Since its establishment in 1950, the CBSL has been headed by sixteen governors. The governor has two deputies and several assistant ...
The Government of India exercises its executive authority through a number of government ministries or departments of state. A ministry is composed of employed officials, known as civil servants, and is politically accountable through a minister . Most major ministries are headed by a Cabinet Minister, who sits in the Union Council of Ministers ...
It had a 20% placement rate in 2021. [81] PM Bhartiya Jan Aushadhi Kendra (PM Indian Public Medicine Scheme, PMBJK) — MoCF: 2015 Generic Medicine The scheme launched by the Department of Pharmaceuticals, Govt. Of India, to provide quality medicines at affordable prices to the masses. [82] [83] Deendayal Antyodaya Yojana: CSS MoRD: 2015: Skill ...
The tax revenue to GDP ratio is just about 11.6 percent as of 2018, which is one of the lowest rates among the upper-middle income earning countries. [2] At present, the government of Sri Lanka also face major challenges regarding the continuous budget deficits where government expenditures have exceeded the government tax revenue. [3]
On 27 February 2015, newly appointed CBSL governor Arjuna Mahendran advertised the sale of Rs. 1 billion in 30 year government bonds at a coupon of 12.5% [7] Despite several accounts erroneously cite an indicative rate of 9.5%. [8] [9] The sale was oversubscribed with 36 bids of totaling Rs. 20 billion. [8]