Sri Lanka’s central bank kept its benchmark interest rates unchanged in its first meeting since a new president was elected and uncertainty over the International Monetary Fund loan program looms.

Sri Lanka's central bank kept interest rates unchanged on Friday in line with expectations, citing domestic and global uncertainties, but said inflation was likely to remain low and the economy was doing much better than initially expected.

On September 22, 2024, the Sri Lankan election authority announced that Anura Kumara Dissanayake of the Janatha Vimukthi Peramuna (JVP)-led National