Notable
The loans will be provided by commercial banks
Govt allocates significant funds for public investment. some of which could be replaced by new tools
.
Budget current account is surplus to November
The government has aimed at fresh record high tax revenue this year
Monthly budget deficit falls to Rs3.8bn in January. Current budget in surplus
The state companies were mostly inactive with no staff
Short service employees to get 900,000 rupees
Current spending creeping up, rising 15-pct by July
MAGA Engineering (Pvt) Ltd was chosen following national competitive tender
US$86mn and Yen583mn in debt restructured
Financial allocations alone are insufficient
Over 200,000 jobs created in the past year
Restructure in line with most favoured creditor clause
Primary deficit sharply exceeded
Sri Lanka's tax revenue under IMF bailout package has risen steadily
| 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 | - | - |
Gap too wide, government says
Import value added tax and duty also went up
Current spending rise 15-pct
Warns on fiscal risk
Local sovereign bond holdings go up
The difference in taxes between 100kW and 150kW car could be as much as 4 million
Should such shocks materialize, they will be addressed within the contours of the EFF program
Sri Lanka operates a so-called flexible exchange rate
Sri Lanka will discuss the progress achieved so far and the way forward
To built two high end residential towers and luxury villas
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