An Echelon Media Company
Thursday September 29th, 2022

Sri Lanka hospitals to get Rs300mn in emergency supplies from JICA

Sri Lanka is still facing serious shortages of medicine due to the ongoing crisis

September 29, 2022 1 min read

Sri Lanka legal alcohol consumption down 20-30-pct: Minister

75 percent of a bottle of alcohol is taxes

September 29, 2022 1 min read

Sri Lanka 's Inland Revenue collections top 60-pct of 2022 target by Aug: Minister

We have to collect taxes while the economy is contracting

September 26, 2022 1 min read

Sri Lanka rupee debt in US$20bn IFR hair cut as economy inflates

Sri Lanka central government rupee debt falls to US$32.4bn equivalent from US$50.5 billion

September 25, 2022 7 min read

Sri Lanka files motion to dismiss action of holdout bond holder


September 24, 2022 1 min read

Sri Lanka has no final decision yet on domestic debt re-structuring

Gross Financing Need projected to be over 30-pct of GDP without re-structuring

September 23, 2022 3 min read

Sri Lanka military too strong at 247,000 in peacetime: legislator

In other countries of the world, when the war is over they voluntarily leave

September 22, 2022 2 min read

Sri Lanka only has 137 persons who paid income taxes of Rs5mn or more: legislator

342 companies paid 82-pct of taxes

September 21, 2022 2 min read

Sri Lanka parliament speaker endorses social security contribution levy bill

This bill was passed by majority vote in Parliament on September 08

September 21, 2022 1 min read

Sri Lanka customs collects Rs450bn up to August: Minister

Earns 60-pct of revenues up to August

September 21, 2022 1 min read

Sri Lanka, India hold initial debt restructuring talks

The first round of discussions were held on September 16

September 20, 2022 1 min read

Sri Lanka budget 2022, tax revenues surge 25-pct up to June in inflation

Nominal GDP rise to Rs10.7 trillion in 1H 2022 from Rs8.6 trillion last year.

September 19, 2022 2 min read

Sri Lanka to meet foreign creditors for debt talks on Sept 23


September 18, 2022 2 min read

Sri Lanka to get maize seeds with Japan support

JICA to provide 200MT of seed

September 14, 2022 2 min read
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Sri Lanka to re-allocate US$100mn to buy medicines

Re-allocated from urban development and landslides

September 13, 2022 1 min read

Sri Lanka to talk with Japan, China, Japan on debt re-structuring

Japan, China and India are the main creditors

September 13, 2022 1 min read

Sri Lanka needs responsible borrowing, China co-operation on debt: US

Changing habits that gave rise to the accumulation of that debt in the first place important

September 12, 2022 2 min read

Sri Lanka 'social security' levy is a travesty, should be a sunset tax: Harsha

Goes against stated tax policy of Wickremesinghe administration

September 9, 2022 3 min read

Sri Lanka Rajapaksa cascading tax could take sales tax over 22-pct: Harsha

"So when added to VAT it will become 20 or 22 percent."

September 7, 2022 4 min read

Sri Lanka 'radio silence' on domestic debt restructuring after IMF deal: CB Governor

That means authorities we should not talk about debt restructuring parameters

September 7, 2022 5 min read

Sri Lanka imports collapse to 11-year low in July 2022, trade deficit shrinks

Imports fall as financial account inflows dry up

September 6, 2022 2 min read

Sri Lanka committee to monitor interim budget

To look at project management units

September 6, 2022 1 min read

Sri Lanka IMF deal, taxes cannot be revealed to parliament until implemented: CB Governor

Basically there is a limit to what can be shared with the public or parliament

September 6, 2022 5 min read

Sri Lanka IMF deal should be be tabled in parliament: Harsha

Please table it in the parliament

September 5, 2022 1 min read
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