CBSL to Procure New Foreign Reserves Management System

Sri Lanka Central Bank will be procuring a new foreign reserve Management System instead of the present system which expires in 2021. The cabinet had approved Finance Minister Mangala Samaraweera’s proposal to procure a new system to replace the existing system. The central bank of Sri Lanka has set aside Rs.3 billion for its Technical Advancement Reserve, which could be used to upgrade IT systems, including its foreign reserves management system.

The post CBSL to Procure New Foreign Reserves Management System appeared first on Adaderana Biz English | Sri Lanka Business News.



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