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Sunday October 2nd, 2022
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The RAMIS system was originally to come from an Asian Development Bank loan but it had been rejected
Sri Lanka is struggling to secure dollar earnings and that has threatened its fuel, gas imports.
Kerosene price was increased by around 300 percent in August, since which supply has improved, fishermen said
Food prices up 94.9-pct in the past 12 months
Due to current economic conditions social problems were worsening,
Wickremesinghe says Sri Lanka is taking some painful reforms to come out of economic crisis
Sri Lanka is still facing serious shortages of medicine due to the ongoing crisis
Open account channel for maize not open
75 percent of a bottle of alcohol is taxes
Electric vehicles for expat workers until Dec 31
He had also expressed an interest in exploring investment opportunities in renewable energy in Sri Lanka
Now, we are going to run a Currency system which means that the moment we earn less, we spend less
President Wickremesinghe is in Tokyo on a two-day official visit.
We have to collect taxes while the economy is contracting
Sri Lanka central government rupee debt falls to US$32.4bn equivalent from US$50.5 billion
To join ADB Governors meeting
| Latest | Last | |
|---|---|---|
| US Dollar | 369.9103 | 369.9103 |
| UK Pound | 412.4602 | 400.9490 |
| Euro | 364.6306 | 360.0342 |
| Aus Dollar | 242.2604 | 241.7927 |
| Yen | 2.5686 | 2.5748 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 4.4529 | 4.4476 |
| Korea Won | 0.2535 | 0.2528 |
| Oman Rial | 942.5852 | 942.5852 |
| Saudi Riyal | 96.5609 | 96.3494 |
| UAE Dirham | 98.7994 | 98.7994 |
| pts | % | |
|---|---|---|
| S&P SL20 | 3,165.33 | -0.11% |
| CSE All Share | 9,931.07 | -0.21% |
| Turnover Rs million | 2,578,258,401 | 3,017,534,901 |
| Latest | Last | |
|---|---|---|
| 3-m bill | 29.35 | 30.31 |
| 6-m bill | 28.29 | 28.51 |
| 12-m bill | 28.44 | 28.26 |
| 5-yr bond | 25.26 | 25.30 |
| 8-yr bond | 25.87 | 26.01 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 15.50 | 15.50 |
| Gilt Repo | 15.50 | 15.50 |
| I-m SLIBOR | - | - |
Had a productive discussion
Margin between highest and lowest prices narrowed this week
Gross Financing Need projected to be over 30-pct of GDP without re-structuring
Private debt restructuring by 2Q 2023
"Wearing a saree reduces productivity because we have to wear appropriate accessories such as heels"
High yields and IMF deal prospects may
23 Paris Club and Non Paris Club nations participated in the hybrid conference
Sri Lanka suspended foreign debt repayment on April 12
Sri Lanka is caught in a geopolitical cold war between China and India, analysts say
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