Notable
The government has set 2,207 billion rupee target for Customs in 2026, less than last year
Fund for Responding to Loss and Damage is opening for applications
Programme expects to address non tax compliance
The revenue has exceeded this month's target by 9.5-pct in the first 22 days
Sri Lanka's tax to GDP ratio has already doubled to more than 15% from below 8% when it faced economic crisis
Already Customs has achieved 51% of this year's target in first five months of 2026
In 2025, 10 billion rupees had been paid
There was no number given in the budget on the payments to be made
The bond has a sovereign guarantee
There is a narrative that Sri Lanka's debt repayment will begin in 2028
Total expenditure target reduced, public investment cut by over 20-pct
VAT threshold also to be reduce
SCL on cars from April 2026
Download full budget speech here
However in 2025, the deficit is will be better than the initial projection
New tax incentive framework will be introduced
| 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 | - | - |
Sri Lanka is also aiming to keep inflation below 5 percent
While the spend per visit has reduce, the frequency of shopping at outlets had increased
A new PPP law with recent revisions with the legal draftsman
Earlier this week, cabinet gave approval to hire 8,547 more state workers, mainly policemen
The settlements were made through a Tea for Oil Barter Agreement
Up to June Finance Ministry repaid US$863.6mn in principal payments, and US$495.3mn in interest.
SriLanka had boosted load factor, but still making losses
Customs revenue has surged by 60 percent in the first 10 months of this year
It is the Tranche 5 of the Second Integrated Road Investment Program (i Road 2)
Fed will buy Treasury bill and sell mortgage securities
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