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Monday November 9th, 2026
Economic Crisis

Sri Lanka pays Aswesuma beneficiaries Rs11.6bn for June

Welfare Benefits Board has disbursed 11.6 billion rupees to bank accounts of 622,495 beneficiaries under the Aswesuma

June 28, 2024 1 min read

Sri Lanka leader asks for mandate after bilateral debt deal signed

Sri Lanka is yet to finalise debt restructuring with private creditors

June 26, 2024 2 min read

Sri Lanka optimistic ahead of IMF review: State minister

"We remain optimistic that our international partners will continue to support Sri Lanka's efforts,"

June 12, 2024 1 min read

Any future Sri Lankan government will have to comply with IMF deal: Cabinet Spokesman

Sri Lanka is facing a political uncertainty due to elections later this year.

June 10, 2024 3 min read
Sri Lanka export revenues, debt sustainability could be hit if GSP+ is lost: Samarajiva

The uncertainty over GSP+ is coming as Sri Lanka also faces the prospect of higher US tariffs.

Sri Lanka urged to refine Aswesuma for better poverty targeting

“The current improvements to Aswesuma require enhancing its ability to target individuals in chronic poverty,”

Sri Lanka’s CMC switches to vegetables amid looming food crisis

Sri Lanka is facing a looming food crisis following chemical fertilizer ban, economic crisis

Melkishiya Andrew
November 22, 2022 2 min read

Sri Lanka national inflation eases to 70.6-pct in October 2022 from record high

The Central Bank has expected the inflation to ease from the last month.

November 21, 2022 1 min read

Sri Lanka sees lack of fashion designers amid economic crisis

Colombo Fashion Week's Luxury Edition started this week at Galle Face Hotel

Melkishiya Andrew
November 19, 2022 2 min read
1

Sri Lanka markets skeptical over state finmin's domestic debt restructure comments

Sri Lanka stock, rupee, bond markets are expecting the worst in the event of local debt restructuring

November 17, 2022 2 min read
1

Sri Lanka analysts frown upon Wickremesinghe's high defence budget 

Sri Lanka's defence budget is almost equal to the total of education, health allocations

Mahadiya Hamza
November 15, 2022 3 min read
1

Crisis-hit Sri Lanka targets more tax revenue in 2023 budget; concerns on SOEs, spending remain

Budget has not focused on restructuring key loss making SOEs, govt spending

Shihar Aneez
November 14, 2022 5 min read

Sri Lanka 2023 budget aims to create modern economy targeting youth

Wickremesinghe presents his first budget after the country's economic, political crisis

November 14, 2022 1 min read

REPEAT: Crisis-hit Sri Lanka's 2023 budget aims to target subsidies, private-sector driven economy

Wickremesinghe delivers crucial budget amid economic crisis, sovereign default, geopolitical cold war

Shihar Aneez
November 14, 2022 4 min read

REPEAT: Sri Lanka's reform-oriented 2023 budget likely to compromise on bold policies

Moving out of economic crisis will be the focus of budget, but political concerns weigh heavy.

Shihar Aneez
November 14, 2022 4 min read

Crisis-hit Sri Lanka's 2023 budget aims to target subsidies, private-sector driven economy 

Wickremesinghe delivers crucial budget amid economic crisis, sovereign default, geopolitical cold war

Shihar Aneez
November 14, 2022 4 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's reform-oriented 2023 budget likely to compromise on bold policies

Moving out of economic crisis will be the focus of budget, but political concerns weigh heavy.

Shihar Aneez
November 11, 2022 4 min read

Sri Lanka's tourism push struggles amid internal, external concerns

Sri Lanka has revised down tourism revenue target to $1.5 bln this year from $2.5 bln early this year

Mahadiya Hamza
November 11, 2022 4 min read
1

Sri Lanka business chambers call to cancel Nov. 2 protest amid growing public anger

Chambers say protests may adversely impact economy, tourism

November 1, 2022 2 min read

Sri Lanka gambles on tax hikes; downside risks seen

Tax hikes proposed when people across the country are suffering of lower disposable income, higher cost of living

Neshella Perera
October 17, 2022 6 min read

SriLankan likely to see pilot shortage in 2023 amid economic crisis, tax hikes - sources

SriLankan pilots are applying for Qatar Airways, Emirates vacancies after tax hike proposal - sources

October 17, 2022 2 min read
2

Crisis-hit Sri Lanka looks for foster parents to face malnutrition among children

Malnutrition has increased rapidly in Sri Lanka due to unprecedented economic crisis

Shihar Aneez
October 15, 2022 3 min read
1

Sri Lanka's school dropouts rising after economic crisis-survey 

Children in Sri Lanka forced to leave school due to economic crisis

Chanka Jayasinghe
October 15, 2022 2 min read

Sri Lanka's tax hike likely to discourage small time investors into stocks - analysts 

Proposed tax hikes will take Sri Lanka's tax structure similar to 2019

Mahadiya Hamza
October 13, 2022 3 min read

Sri Lanka's tax hike could lead to lower rates, boost real estate, stocks investments-dealers

There won't be any overnight benefits to the market from the proposed tax hikes - analysts

Chanka Jayasinghe
October 12, 2022 2 min read
1

Sri Lanka's tax hike could force professionals to migrate - analysts 

Effective income taxes for some categories have been raised to around 29% from 8% earlier - analysts

Shihar Aneez
October 12, 2022 3 min read
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