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Monday November 9th, 2026
Economic Crisis

IMF says Sri Lanka’s SOEs could remain state-owned or privatized

The new government halted the SriLankan Airlines restructuring move before parliamentary polls

January 22, 2025 3 min read

Sri Lanka president seeks World Bank help

Disanayake met World Bank VP Martin Raiser to secure financial and technical support

January 21, 2025 1 min read

Debt for nature swaps can lower Sri Lanka's financial burden: IPS

Debt-for-climate-and-nature swaps could be an option to lower financial burden

January 9, 2025 5 min read

Rs2.37bn India grant to develop Sri Lanka's Eastern Province

33 projects related to infrastructure development and livelihood improvement

December 24, 2024 1 min read
Sri Lanka declares Wednesday public holiday, halts gov events

In order to conserve fuel amidst the escalating US-Israel war on Iran

Sri Lanka chamber calls for prioritizing fuel, FX

Recommends non-essential foreign currency outflows be limited, while prioritizing critical imports

Sri Lanka minister hopes for higher tax collection after RAMIS upgrading

Sri Lanka is struggling to boost its tax revenue amid delay in IMF's 2nd tranche of $3 bln loan

September 28, 2023 2 min read

Sri Lanka doctors leave for children’s education, not for higher tax – MP

Sri Lanka has witnessed over 1,000 doctors and consultants migrating after the unprecedented economic crisis

September 27, 2023 2 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 meets IMF delegation for first review of fund facility

The inaugural meeting for the IMF's first review of the EFF programme took place at the Presidential Secretariat

September 14, 2023 2 min read

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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Sri Lanka to earn up to $2.3 bln from rubber, coconut, cinnamon this year: Minister 

Sri Lanka is in the process of expanding its export market to come out of an unprecedented economic crisis

Nethmi Rajawasam
July 27, 2023 2 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
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
Source: Central Bank/Indicative
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
Source: Central Bank/Indicative
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
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 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 ready to increase welfare spend minister says as appeals mount

Sri Lanka was planning to allocate 208 billion for welfare benefits under the new 'Aswesuma' scheme

Shihar Aneez
June 27, 2023 2 min read

Sri Lanka to see single digit food inflation in July - Trade Minister 

Sri Lanka's food inflation hit over 80 percent after the economic crisis last year

June 22, 2023 2 min read

Sri Lanka finally set for proper targeting on 208 bln rupee fresh welfare programme

The government plans to start annually 208 billion rupee worth poverty alleviation programme from July

Shihar Aneez
June 20, 2023 2 min read

Sri Lanka chamber outlines alternative financing mechanisms

Sri Lanka Chambers of Commerce has suggested alternative finance options for the island nation

June 19, 2023 8 min read

Sri Lanka above 18 voters should open tax files - State Minister

“If citizens at the age of 18 years can vote for the President, choose how a country is led, then they should pay tax....

Neshella Perera
June 17, 2023 2 min read
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Sri Lanka women prevented from paid work by childcare, domestic work

Economic crisis reduced tuition, requiring more time for childcare

Apsara Rodrigo
June 16, 2023 3 min read

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
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