Sunday, 24 March 2024 13:25

Central Bank top brass to review high pay hike amidst public protests Featured

In the face of widesperd public pressuere including parliamentrains and civil society activists, the Central Bank senior management has decided to revisit recent salary revision

The recent salary revision for the period 2024-2026 made by the Central Bank of Sri Lanka (CBSL), post the collective agreement between the Governing Board and the employee representatives, created much discourse among the public.

In response to this situation, a majority of the senior management and professionals of CBSL madea collective decision to consider a revision to their salaries.

This decision was communicated to the Committee on Public Finance (COPF) on 16th March 2024, prior to and independent of the recommendations made by COPF.

The COPF Chairman has meantime recommended that the collective agreement

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