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Monday November 9th, 2026
Fiscal

Sri Lanka to spend Rs206bn on revised welfare benefit program

To be based on poverty gap

April 18, 2023 1 min read

Sri Lanka budget 2022, deficit 10.2-pct of GDP, revenues 8.2-pct: analysis

Fully 7.2 percent of the current spending was interest payments

April 17, 2023 5 min read

Sri Lanka detailed debt re-structuring talks start with call for full participation

Call for all creditors to participate

April 14, 2023 2 min read

Sovereign default framework to be refined after flaws seen in Sri Lanka, elsewhere

Cut-off dates, treatment of arrears, and perimeter of debt to be restructured, including domestic debt under scrutiny

April 13, 2023 5 min read
Sri Lanka SOEs major source of corruption

"State-owned enterprises are a major source of corruption vulnerabilities in Sri Lanka,"

Sri Lanka personal income tax relief to cost 0.08-pct of GDP

Compensating measures discussed

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
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
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Source: Central Bank/Indicative
pts %
S&P SL20 5,656.91 -0.43%
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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 gets new lady customs chief

P S M Charles, a special grade officer of the Sri Lanka Administrative Service has been appointed the director general o...

September 26, 2017 1 min read

Tax cut for low, middle income individual from new Sri Lanka law

Sri Lanka's low and middle income individuals will pay less income tax with wider brackets and lower rates, but higher i...

September 25, 2017 7 min read

Billions lost through tax-unpaid liquor sold through Sri Lanka licensed outlets

Large volumes of tax unpaid hard liquor is sold through the licensed wine shops, losing billions in taxes, where over 20...

September 25, 2017 3 min read

Sri Lanka performers, artistes to get Rs500,000 tax free income

Sri Lanka's performers, artistes of all kinds will get a 500,000 tax free allowance for net earnings after deducting exp...

September 24, 2017 2 min read

Sri Lanka FinMin World Bank discuss South Asian integration, climate resilience

Region World Bank officials who met Sri Lanka's Finance Minister Mangala Samaraweera had discussed greater South Asian i...

September 22, 2017 1 min read

Govt guarantees for urban investment mooted at Sri Lanka forum

ECONOMYNEXT – Governments can help local bodies grappling with the problems of rapid urbanisation by giving guara...

September 20, 2017 2 min read

Sri Lanka's CEB meter readers show how to use unionized power

Meter readers at Sri Lanka's state-run Ceylon Electricity Board have provided an object lesson on how to cut down work u...

September 19, 2017 3 min read

Sri Lanka 'Laksala' hit by Rs200mn zero return theme park

Sri Lanka Handicraft Board, which operates under the brand 'Laksala', has been hit by a project that costs 221 million r...

September 18, 2017 1 min read

Sri Lanka 2018 budget on Nov 09, vote on Dec 09

Sri Lanka's budget for 2018 will be presented on November 09, 2017 with the final vote to be taken on December 09, accor...

September 13, 2017 1 min read

New Sri Lanka tax law tightens transfer pricing loopholes

ECONOMYNEXT – Sri Lanka’s new tax law has provisions that more effectively block companies from trying to ...

September 13, 2017 2 min read