Notable
Sri Lanka has one of the highest rates of vehicle tax in the world
Announces $100mn in grants
Damage to railways estimated at US$1.7bn
President has said $500mn could be expected
Hackers diverted funds due to Australia's export credit agency by sending false emails
Cyber criminals breach email conversation on loan repayments with creditors
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
| 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 | - | - |
Financial services are exempt from VAT in countries with well-functioning tax systems
Wickremesinghe said there was no 'delay' as such but the process was time consuming
An opposition MP has posted his salary details, showing PAYE deduction is far below ordinary person
Pricing methodology to be revised by November 2025
Ministries to submit proposals within allocated limits by end July
Short term solutions and long term framework expected
Already Sri Lanka has signed debt restructuring agreement with China, Japan, and India
The buffer is not foreign reserves as the IMF and macroeconomists imagine, it is the interest rate
The litigation entails risk to debt sustainability
Out of an auction of 200 billion rupees, only 142 billion was subscribed
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