CB forecasts broad based growth

The Monetary Board of the Central Bank of Sri Lanka has decided to maintain the policy interest rates at their current levels and continue conducting open market operations more aggressively to mop up excess liquidity from the market and contain the growth of reserve money to targeted levels through a planned program of permitting the market to subscribe to the maturing Treasury Bill holdings of the Central Bank.

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Excise revenue for 2004 tops Rs. 13.8 billion

 The Excise Department recorded around Rs 13.88 billion revenue from liquor and tobacco in 2004. It was nearly Rs 11.06 billion in the previous year.

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