Notable
Updates from government on economic strategies, with clear timelines for policy implementations, would provide assurance
“I would say that Sri Lanka has come a long way from where it was 2 years ago.
IMF remains committed to supporting Sri Lanka build a better future for its people.
NPP has become populour among rural and grass root level voters
"the country is poised to achieve higher growth, provided that necessary structural reforms are initiated and sustained
Cites examples of Germany, the U.S., and China
Opposition backed state sector trade unions led protest against tax hike
"We are working towards achieving the target of earning one billion dollars as monthly foreign remittance"
Lanka Pay Innovation Awards on March 21
Sri Lanka's economic crisis turned into a political crisis last year and ousted its leader and government.
Sri Lanka govt is desperate for foreign inflows
The central bank took a U-turn last year to tighten the monetary policy after printing billions of rupees
"A reforms office will be opened at the Ministry of Power & Energy to see through the transformation."
Sri Lanka has been repeatedly asked to repeal PTA, a law governments also used to suppress dissents
The current prices are too high and if we increase it more it will result in further downfall of the business
"However I know one thing, and that is the CEB is unable to manage whatever the income they get."
| 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 | - | - |
The Ceylon Chamber would like to urge the IMF to consider the assurances received thus far
Tax exemptions come after a series of street protests
Sri Lanka sees new political risks since its sovereign debt default
Litro Gas is raising fuel through a price formula every month to prevent losses and borrowings
The top US State Dept official said what China has offered so far is not enough.
Sri Lanka's state trade unions likely start trade union actions if government fails to reduce taxes
Sri Lanka's relationship with Saudi was hit by forced cremation under former president Gotabaya Rajapaksa
Finance Ministry will be told to compile reports on how the public tax money was spent
Finance Ministry is struggling to pay whopping state sector salary bills for January
The Health Minister said he needs an additional 10 billion rupees to purchase medicine in 2023
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