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Friday November 13th, 2026
Debt Restructuring

Sri Lanka President says to complete debt restructuring by December 2024

Sri Lanka's debt structuring deal is dragged amid elections

November 11, 2024 2 min read

Sri Lanka should focus on debt restructure, legal challenge by Hamilton Reserve: former minister

Focus on implementing debt restructuring process, particularly in response to legal challenge by Hamilton Reserve Bank

October 16, 2024 1 min read

Sri Lanka Marxists-led NPP’s manifesto "recipe for disaster": Foreign Minister

NPP has become populour among rural and grass root level voters

August 28, 2024 3 min read

Sri Lanka’s canceled Japan-funded LRT could be “possible future project”: Japanese envoy

Sri Lanka's ex-leader Gotabaya Rajapaksa unilaterally canceled LRT in 2021

July 24, 2024 2 min read
OCC agrees to SriLankan Airlines’ debt restructuring proposal: Treasury Sec

SriLankan announced 15 percent haircut, exchange for cash and a 4% amortizing government bond

Sri Lanka signs $39mn bilateral debt restructuring deal with Australia

Sri Lanka has already completed bilateral debt restructuring with India and China

Sri Lanka has to prevent tax evasion: Minister

Government revenue was increased by 50 percent this year from last year. But this is not enough to achieve targets

October 2, 2023 1 min read
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“No fixed timeline” to disburse 2nd tranche of $3 bln loan, IMF official says

Sri Lanka was expecting the second tranche approval at the IMF's Executive Board meeting next month

Shihar Aneez
September 27, 2023 2 min read
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Sri Lanka President explained IMF chief over business community’s tax issues – Advisor

Sri Lanka's lower government revenue has been a concern for IMF

September 26, 2023 2 min read

Sri Lanka can avoid possible repeated default - State FinMin

Sri Lanka, in an unprecedented way, defaulted on its sovereign debts in April last year

September 23, 2023 2 min read

Sri Lanka’s new Central Bank Act challenges govt money printing, spending – minister

New CB Act came into effect from Sept 15.

September 23, 2023 2 min read

Sri Lanka sees 100 bln shortfall from IMF revenue target – minister 

Despite higher taxes, Sri Lanka faces revenue shortfall

Shihar Aneez
September 21, 2023 2 min read

Sri Lanka’s 2022 EPF returns falls to lowest, single digit in near two decades – CB data

A central bank analysis shows EPF return could fall further if DDO is not chosen

Shihar Aneez
September 21, 2023 2 min read
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Sri Lanka hopes to resume road projects after debt restructuring, IMF review

Most road projects are suspended due to lack of funding after Sri Lanka declared bankruptcy

September 18, 2023 2 min read

Sri Lanka considers EPF member rep in Board after controversial DDO

EPF is Sri Lanka's largest pension fund and the govt's largest domestic lender

September 15, 2023 2 min read

Sri Lanka Central Bank informs EPF members: “decided to opt for” DDO

If EPF does not chose DDO, return could fall to as low as 6.79 percent - central bank

Shihar Aneez
September 14, 2023 3 min read
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Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 332.3603 330.8514
UK Pound 440.9424 438.3450
Euro 368.4879 371.0168
Yen 2.0805 2.0916
Aus Dollar 227.4342 231.1659
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.5474 3.4202
Korean Won 0.2492 0.2479
Oman Rial 863.2287 859.3320
Saudi Riyal 88.5586 88.0955
UAE Dirham 90.4874 90.0766
Source: Central Bank/Indicative
pts %
S&P SL20 6,365.57 +0.26%
CSE All Share 22,157.40 +0.56%
Turnover Rs 2975.05 million 1193.67 million
Source: CSE
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
Source: Central Bank/Indicative
today yesterday
Overnight Money 7.70 7.69
Gilt Repo 7.74 7.72
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka to make EPF, ETF mandatory for domestic aides, plumbers

The government hopes to increase the number of contributors to the funds.

September 8, 2023 2 min read
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Sri Lanka Minister warns of foreign debt restructuring delay

Sri Lanka is unable to seek commercial loans without agreeing on foreign debt restructuring

September 4, 2023 2 min read
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Sri Lanka’s CB chief rated ‘A’ by GFM for inflation control - CB

Weerasinghe was appointed as the CB chief before Sri Lanka declaring bankruptcy

September 2, 2023 1 min read
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China’s Sinopec starts selling fuel Rs3 below state formula price

Sinopec Energy Lanka (Pvt) Ltd has started selling diesel and petrol 3.00 rupees below price set by CPC.

Nethmi Rajawasam
August 31, 2023 1 min read

Sri Lanka water tariff hike to unlock $200 mln ADB fund for budget support - minister 

Sri Lanka's economic crisis has shut down the doors for commercial fundings

July 19, 2023 2 min read
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Sri Lanka will discuss debt restructuring separately with China-minister

China will not get anything better than the others, assures Sri Lanka's foreign minister

Shihar Aneez
July 4, 2023 3 min read

Sri Lanka DDR will not affect stability of any public or private bank: President

Sri Lanka will announce its DDR this week amid market speculations over instability in financial and banking sectors. 

June 27, 2023 2 min read
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Sri Lanka rejects speculation over DDR announcement after special bank holiday

Most Sri Lankan banks, stock market are nervous about possible DDR

Shihar Aneez
June 23, 2023 2 min read

Sri Lanka cenbank is waiting for government proposal on DDR - governor 

It is up to the government to clear the uncertainty - Central bank governor

June 1, 2023 2 min read
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India extends under utilized $1 bln credit facility to Sri Lanka by one year 

The agreement is extended for the remaining $423.25 million - State FinMin

May 30, 2023 1 min read