Notable
Poverty remains high at 16.9 percent, and inflation has picked up in recent months due to higher food and energy prices.
The approval rating declined from a post-election high of 65 percent recorded in February 2026, while disapproval climbe
Inaugural feature essay questions the prevailing policy belief that an inflation target of 5 to 7 percent is benign
The package will help Cambodia and Sri Lanka withstand today’s pressures and emerge stronger from the next shock.
The new structure also addresses employee incentives and financial returns.
The latest tranche consists of 50mn policy-based loan and a 50mn US dollar investment loan from
Will include businessmen who will make recommendations to cabinet
Sri Lanka has already raised fuel prices over soaring global oil prices after U.S./Israel's attack on Iran
Was speaking to Bloomberg before oil prices surged past 115 dollars a barrel
Vulnerabilities to higher import costs will be most acute in markets with already stretched financing capacity,
"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
"The data must be verified and analyzed to correctly identify those eligible for relevant benefits."
Sri Lanka meets officials at 2025 World Bank Group/ International Monetary Fund annual meeting
Similar to Sri Lanka, protesters continued their protests amid violence until PM Oli's government resigned
IMF representatives "agreed to extend the necessary support to maintain economic stability
| 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 | - | - |
Aswesuma a well-targeted system, but long-term success depends on how it can support individuals graduate from poverty
France is the fourth largest public creditor to Sri Lanka
The uncertainty over GSP+ is coming as Sri Lanka also faces the prospect of higher US tariffs.
“The current improvements to Aswesuma require enhancing its ability to target individuals in chronic poverty,”
This was achieved without a single financial institution failure governor tells forum
Sri Lanka was contraction in credit growth after 2022 economic crisis
Enhancing technical and financial support of the ADB with respect to those endeavors and newly emerging issues
New govt has already drafted State Commercial Enterprises Management Draft Bill
Many low-income countries face a “perfect storm” of worsening external financial conditions, unsustainable debt and ...
We did this quickly and carefully, without harming superannuation funds like the EPF
Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (updated 1/1/20) and Privacy Policy and Cookie Statement (updated 1/1/20). Your California Privacy Rights. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Condé Nast. Ad Choices.
Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
© 2023 Echelon Media (PVT) Ltd. All Rights Reserved
2 min read