Notable
Sri Lanka has talked about restructuring loss-making state entities for years, Uzbekistan had actually executed reforms
The primary surplus reached 1,244.1 billion rupees, beating the International Monetary Fund's benchmark of 72 billion
Sri Lanka has achieved 105.4 percent of this year’s target or Rs. 2,326.8 billion by Oct. 29
The new structure also addresses employee incentives and financial returns.
The move comes after Sri Lanka's third mutual evaluation against money laundering, terrorist financing
This includes individuals who do not have taxable income, as well as those whose taxes have already been deducted at sou
Sri Lanka's record revenue of Rs. 2,551 billion was achieved last year
Customs likely to achieve 2026 fully year target in mid-October
It has already achieved 95.4 percent of this year’s target
"Tax concession needs to be very very carefully brought and also uh to be thought of correctly
Training on the Sovereign Risk and Debt Sustainability Framework (SRDSF) as part of IMF’s capacity development program
It has achieved 83% of this year’s target even before the end of eight months
Revenue leakages within Excise Department have historically posed challenge to fiscal stability
Despite US Federal Reserve raising flags on suspicious activity and JP Morgan issuing fraud alerts, Treasury transferred
Customs achieved 73 percent of this year’s target even before the end of seven months
| Latest | Last | |
|---|---|---|
| US Dollar | 331.7485 | 330.8514 |
| UK Pound | 443.7468 | 438.3450 |
| Euro | 372.5204 | 371.0168 |
| Yen | 2.0969 | 2.0916 |
| Aus Dollar | 233.0533 | 231.1659 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.4948 | 3.4202 |
| Korean Won | 0.2499 | 0.2479 |
| Oman Rial | 861.6397 | 859.3320 |
| Saudi Riyal | 88.4403 | 88.0955 |
| UAE Dirham | 90.3209 | 90.0766 |
| pts | % | |
|---|---|---|
| S&P SL20 | 5,656.91 | -0.43% |
| CSE All Share | 19,927.30 | -0.28% |
| Turnover Rs | 1457.79 million | 1193.67 million |
| Latest | Last | |
|---|---|---|
| 3-m bill | 7.61 | 7.84 |
| 6-m bill | 7.91 | 8.26 |
| 12-m bill | 8.23 | 8.3 |
| 3-yr bond | 9.24 | 9.25 |
| 5-yr bond | 9.82 | 9.56 |
| 8-yr bond | 10.50 | 10.48 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 7.70 | 7.69 |
| Gilt Repo | 7.74 | 7.72 |
| I-m SLIBOR | - | - |
Sri Lanka's tax revenue has doubled in the last four years
Govt has aimed record tax revenue goal this year
Sri Lanka has already achieved more than 62% of this year's target in six months
"Objective of this program is to transform the negative attitude among the public regarding taxation into a positive one
The new amendments aim to expand the tax base to sustain the government revenue
The revenue collecting body has already achieved more than 60% of 2026 target
COPF exposed the unpreparedness to implement the proposal
Sri Lanka's heavy outflows have led to sharp depreciation in rupee
Sri Lanka's tax to GDP ratio has already doubled to more than 15% from below 8% when it faced economic crisis
Already Customs has achieved 51% of this year's target in first five months of 2026
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