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Monday November 9th, 2026
Fiscal

Sri Lanka expects to make debt restructuring framework by May

Re-structuring debt is the biggest challenge now facing Sri Lanka

April 25, 2023 2 min read

Sri Lanka electronic procurement platform online at promise.lk

A series of ministries and agencies are already on the system

April 24, 2023 1 min read

Sri Lanka publishes 'Aswesuma' welfare beneficiaries

More than 2 million beneficiaries slated to get payments

April 23, 2023 3 min read

Sri Lanka trade taxes below target in 2023 Q1 due to import controls: Minister

Plans to lift import more import controls

April 19, 2023 2 min read
Sri Lanka alcohol makers default on taxes of Rs7.9bn

W M Mendis and Company, Wayamba Distilleries, Wayamba Spirits, Globe Blenders, McCallum Brewery, and Kalutara Cooperativ

Sri Lanka to amend controversial SDP tax law by February 2025

A bizarre incentive given for SDB Projects is to make salaries of top executives completely free of tax

Sri Lanka makes case for 'equitizing' state firms

Sri Lanka has raised the possibility of Vietnam style 'equitization' of state enterprises with Deputy Economic Policy Mi...

November 3, 2017 2 min read

Sri Lanka loses concessional financing from World Bank

Sri Lanka has graduated from concessionary International Development Association window loans in July, World Bank Senio...

November 2, 2017 1 min read

Sri Lanka renews toddy tapping licensing to improve excise duty collection

ECONOMYNEXT – Sri Lanka has renewed a requirement for licensing for toddy tapping from coconut and palmyrah trees...

By Namal Suvendra
October 31, 2017 1 min read

Sri Lanka President suspends legal transport of cattle after illegal incident

Sri Lanka's President Maithripala Sirisena has halted the legal transport of cattle, usually for slaughter, after a dead...

October 28, 2017 1 min read

Misleading Sri Lanka budget estimates lead to broken promises

ECONOMYNEXT – Budgets prepared by successive Sri Lankan governments based on inaccurate revenue estimates lead to...

October 27, 2017 2 min read

Small car prices in Sri Lanka cut further fearing tax reductions

Small car specialist AMW slashed prices of popular Suzuki Celerio and Alto models by up to 369,000 rupees Thursday hot o...

Our Political Correspondent
October 27, 2017 2 min read

Sri Lanka govt concealing status of most 2017 budget proposals

ECONOMYNEXT – The status of just over half of the promises made by Sri Lanka’s government in its 2017 budg...

October 24, 2017 2 min read

Sri Lanka tax revenues up 19-pct up to July 2017

Sri Lanka's tax revenues rose 19 percent to 950.2 billion rupees in the seven months to July 2017, while the overall bud...

October 24, 2017 1 min read

Philippines VP warns of China debt trap after Sri Lanka experience

Vice President Leni Robredo had warned Philippines from taking billions of dollars in loans from China as the country ma...

October 22, 2017 2 min read

Sri Lanka to set up liability management fund for debt

Sri Lanka will set up a liability management fund to cope with a spike in debt maturities in 2018 and 2019 and make borr...

October 20, 2017 2 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
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
Source: Central Bank/Indicative
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
Source: Central Bank/Indicative
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
Source: CSE
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
Source: Central Bank/Indicative
today yesterday
Overnight Money 7.70 7.69
Gilt Repo 7.74 7.72
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka’s worker remittances down 10-pct in August

ECONOMYNEXT – Remittances from migrant Sri Lankan workers, a key source of foreign exchange earnings, fell 10.0 p...

October 18, 2017 1 min read

Sri Lanka finance minister calls for access to more soft loans

ECONOMYNEXT – Sri Lankan Minister of Finance and Mass Media Mangala Samaraweera has urged the World Bank and Inte...

October 16, 2017 2 min read

OPEC Fund chips in after Sri Lanka's Kaluganga reservoir costs rise

Sri Lanka's Kaluganga reservoir project had received 18 million dollars of extra funding after costs escalated due to de...

October 15, 2017 2 min read

Sri Lanka to tackle military business in sensitive way: Eran

ECONOMYNEXT- Sri Lanka is mulling alternatives to scaling back military business, amid warnings that milibiz not only st...

October 15, 2017 3 min read

Sri Lanka makes spending allocations as 2018 budgeting starts

Sri Lanka will present an appropriations bill, setting out allocations for subjects in the so-called first reading of th...

October 9, 2017 2 min read

Ten more Sri Lanka SOEs to sign corporate plans

Ten Sri Lanka state enterprises will sign 'statements of corporate intents' setting out plans and targets with the Treas...

October 5, 2017 1 min read

Sri Lanka farming insurer in Rs67bn financial black hole

A state-run agricultural insurance which has been mis-used by successive politicians to grant populist insurance schemes...

October 3, 2017 2 min read

Big incentives for innovation in new Sri Lanka budget: Harsha

ECONOMYNEXT – Sri Lanka’s forthcoming government budget will have incentives to encourage research and dev...

October 3, 2017 1 min read

Sri Lanka Transport Board busts Rs41bn in two years

Sri Lanka Transport Board, a highly unionized state-owned enterprise, has busted up 41 billion rupees over the past two ...

October 2, 2017 3 min read

Sri Lanka SOEs an economic risk, IMF warns; interim energy price hikes ahead

Sri Lanka's loss making state owned enterprises (SOEs) particularly in energy, are an economic risk requiring reform and...

September 30, 2017 3 min read