Rating Action by Fitch Ratings based on Uncorroborated

Facts sans due Consideration Given to Recent Economic and Policy Developments

USD 165 million Credit Line to the Small and Medium-sized Enterprises (SME) with the Financial Assistance from the Asian Development Bank

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New vacancies for Sri Lanka Administrative Service (SLAS), Sri Lanka Planning Service (SLPS), Sri Lanka Engineering Service and Sri Lanka Accountant Service (SLAcS) are announced.

High economic growth.

Low inflation.

Strong human development and reductions in poverty

Responsibilities in relation to macro-economic policies,

Annual budget and Appropriation Acts,

Public Financial Management,

Local and Foreign Savings and Investments

Responsibilities in relation to public debts,

Banking,

Finance and Insurance Activities,

International Financial Cooperation and

Directing Social Security and Economic Development Activities