Notable
"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
Sri Lanka's tax to GDP ratio has already doubled to more than 15% from below 8% when it faced economic crisis
"The rupee is under tremendous pressure. And we don’t have clear answers nor plans,"
Any party fraudulently obtaining Aswesuma benefits may not have come forward to get it for fear of revealing identity
"Going beyond stability now we have to go on a sustainably path."
Diplomatic ties between Sri Lanka and Japan has improved under Wickremesinghe after Rajapaksa's LRT cancellation
Pointed out importance of continuation with reforms that will enable stable economy and avoid any future crisis.
"Measures to stabilize the economy have thus far been successful"
Legal draftsman has been instructed to draft a bill on criminal asset recovery
Next steps would entail further consultation with IMF staff regarding assessments of compatibility of latest proposals
Semasinghe-led Sri Lankan delegation is in US for IMF/World Bank Spring Meetings
52 State-Owned Enterprises in Sri Lanka incurred losses of LKR 744.6 billion in 2022
Chinese onion price reduced by Rs. 120 per kg to 375, Indian onion price slashed by Rs. 50 to 445
| 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 | - | - |
Joint statement by Sri Lanka and China issued
Rise in poverty in a country that experienced negative 8 percent growth, and bankruptcy is normal, Gunawardana said
Prime Minister Gunawardena is on a six-day official visit to China
Sri Lanka cenbank is building reserves after they fell to from less than $500 million in latter part of 2021
Many Sri Lankan political parties want to renegotiate the IMF deal amid public grumbling over higher taxes
Government has also taken steps to increase the number of tax files,
Pilot project seeks to move 16,000 Aswesuma beneficiaries out of poverty in three years, using ADB, WB and local funds
Sajith Premadasa, Anura Kumara Dissanayake, and S Sridharan have been invited to participate in deliberations on Monday
Review and reaching staff level agreement will pave way for accessing third tranche
The IMF has already disbursed two tranche of the EFF
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