News
CB sells more gold; reserves further down

By Shyam Nuwan Ganewatte
The Central Bank has sold another significant slice of its dwindling gold reserves in January 2022 amidst an overall fall of its gross reserves, according to official data.
The CBSL gold reserves were down to 92 mn US dollars in January 2022 from 175 million US dollars in December, a sharp drop of 47 percent.
CBSL also sold gold in December 2021. By end December 2021 Sri Lanka had about 3.1 tonnes of gold. The latest sale is estimated to have brought gold holdings down to around 1.6 tonnes.
Central Bank Governor Nivard Cabraal said at the time that the sales would increase liquid assets as overall reserves dropped.
According to official data, foreign reserves dropped to USD 2.3 bn from USD 3.1 bn in Dec 2021 whereas foreign currency reserve dropped from USD 2.77 bn in Dec 2021 to 2.07 bn in January.
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INS Sahyadri sets sail from Colombo

The Indian Naval Ship (INS) Sahyadri which arrived at the Port of Colombo on a formal visit on 04 Apr 25, departed the island today (07 Apr). The Sri Lanka Navy bade customary farewell to the departing ship at the Port of Colombo, following naval traditions.
During the ship’s stay in Colombo, crew members of INS Sahyadri took part in several programmes organized by the Sri Lanka Navy, aimed at enhancing mutual cooperation. In addition, they also explored some tourist attractions in the country. Further, personnel of Sri Lanka Navy had the opportunity to visit INS Sahyadri, gaining insights into her operational capabilities.
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Advisory for severe lightning issued for Sabaragamuwa, Central and Uva provinces and in Hambanthota district

The Natural Hazards Early Warning Centre has issued an Advisory for Severe Lightning for the Sabaragamuwa, Central and Uva provinces and in Hambanthota district.
The advisory issued at 02.00 p.m. today [07 April 2025] is valid for the period until 11.00 p.m. 07 April 2025
The public are warned that thundershowers accompanied by severe lightning are likely to occur at several places in for Sabaragamuwa, Central and Uva provinces and in Hambantota district. There may be temporary localized strong winds during thundershowers. General public is kindly requested to take adequate precautions to minimize damages caused by lightning activity.
ACTION REQUIRED:
The Department of Meteorology advises that people should:
Seek shelter, preferably indoors and never under trees.
• Avoid open areas such as paddy fields, tea plantations and open water bodies during thunderstorms.
• Avoid using wired telephones and connected electric appliances during thunderstorms.
• Avoid using open vehicles, such as bicycles, tractors and boats etc.
• Beware of fallen trees and power lines.
• For emergency assistance contact the local disaster management authorities.
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“Census of Population and Housing 2024” Report Presented to the President

The report of the “Census of Population and Housing 2024,” conducted by the Department of Census and Statistics, was officially handed over to President Anura Kumara Disanayake this morning (07) at the Presidential Secretariat.
This preliminary report has been prepared based on island wide data collected between October and December 2024.
The report provides details on Sri Lanka’s population, its growth and the distribution of the population across districts.
The information gathered through the census is vital not only for the government but also for other institutions in formulating policies and development plans essential for the country’s progress. Significantly, for the first time in the history of census-collecting in Sri Lanka, data collection was carried out using tablet computers and user-friendly mobile devices.
The event was attended by Deputy Minister of Finance & Planning, Harshana Suriyapperuma, Secretary to the President Dr. Nandika Sanath Kumanayake, Secretary to the Ministry of Finance Mahinda Siriwardana, Director General of the Department of Census and Statistics D.D.G.A. Senevirathne and several other officials.
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