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Monday November 9th, 2026
Fiscal

Sri Lanka repays part of Indian credit with first IMF loan tranche

US$121mn from $331 loan tranche used to settle debt

March 24, 2023 1 min read

Sri Lanka to make presentation to creditors on IMF deal on March 30

Chaired by CB Governor and Treasury Secy

March 24, 2023 1 min read

Sri Lanka, private creditors should make call on state contingent bonds: IMF official

it's really up to them to find some kind of instrument that works for both parties

March 22, 2023 1 min read

Sri Lanka President seeks parliament nod for creditor negotiations

The approval will be needed by the third week of April

March 22, 2023 1 min read
ADB working on Sri Lanka $100mn tourism sector loan

A $200mn loan linked to financial sector reform is also in the works

Sri Lanka Customs internal affairs unit opened after IMF findings

Internal Affairs Units will be set up at Inland Revenue and Excise agencies

Sri Lanka cuts taxes on small trucks and motorcycles, data

Sri Lanka will cut excise taxes on small trucks by 300,000 rupees and motorcycles by between 50,000 and 90,000 as part o...

August 17, 2017 1 min read

Sri Lanka could get debt shock from SOE borrowings: IMF report

Sri Lanka's state debt could move into a 'shock scenario' rising to 10 percent to 94 percent of gross domestic product i...

August 13, 2017 3 min read

Mano Tittawella appointed senior advisor to Sri Lanka finance ministry

Mano Tittawella, a veteran financial professional who has private and public sector experience has been appointed senior...

August 10, 2017 1 min read

Sri Lanka revenue bill amendments on track: State Minister

Sri Lanka is amending a proposed income tax law to comply with a ruling by the Supreme Court, which said several clauses...

August 9, 2017 1 min read

Sri Lanka tax revenues up 23-pct to May 2017, current deficit down

Sri Lanka's tax revenues rose 23 percent to 697.8 billion rupees in the five months to May 2017, and current spending ro...

August 8, 2017 2 min read

Sri Lanka Supreme Court delivers blow to income tax law

Sri Lanka's Supreme Court has determined that several provisions of a new income tax law is inconsistent with the consti...

August 4, 2017 1 min read

Sri Lanka to divest Hyatt building

Sri Lanka is to sell a 100 percent stake in Canwill Holdings (Pvt) Ltd, a state company which owns Colombo's Grand Hyatt...

August 3, 2017 2 min read

Sri Lanka state to exit Colombo Hilton, seek property developer

Sri Lanka will sell a 51 percent stake in Hotel Developers, a state firm that owns the building in which Colombo Hilton ...

August 3, 2017 1 min read

Sri Lanka's port deal with China to boost forex reserves, credit positive: Moody's

Sri Lanka's sale of a port to China for 1.1 billion dollars will boost foreign exchange reserves, helping repay some deb...

July 31, 2017 2 min read

Sri Lanka to build modern women's hospital with French help

Sri Lanka has signed an agreement with Ideal Medical Products Engineering of France to build a modern 26 million dollars...

July 22, 2017 1 min read
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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
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Oman Rial 861.6397 859.3320
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Source: Central Bank/Indicative
pts %
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Turnover Rs 1457.79 million 1193.67 million
Source: CSE
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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
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Source: Central Bank/Indicative

Sri Lanka to re-examine president's tax holiday: finance minister

Sri Lanka's will re-examine the income tax holiday granted to the President under the existing law, Finance Minister Man...

July 21, 2017 2 min read

Sri Lanka expects to pass income tax law in August

Sri Lanka is expecting the parliament to vote on a new income tax law that will expand the tax net by August 2017, which...

July 21, 2017 2 min read

Sri Lanka's Treasury flushed with cash in Feb 2015; no shortfall: bond scam inquiry

ECONOMYNEXT - Sri Lanka's finance ministry was left with excess cash in February 2015 allowing its overdraft to be slash...

July 18, 2017 3 min read

Sri Lanka to grow 5.2-pct in next five years, risks from SOEs: Moody's

Sri Lanka is expected to grow 4.6 percent in 2017 and a 'robust' 5.2 percent up to 2021, but the country has to watch it...

July 14, 2017 2 min read

Sri Lanka's Lak Sathosa loses Rs8.4bn in two years, bank debt spikes to Rs12bn

Sri Lanka's Lak Sathosa, which has a history of procurement corruption and buffer stock fraud, has lost 4.8 billion rupe...

July 11, 2017 2 min read

Sri Lanka signs Yen44bn loan deal with Japan for regional roads, water

Sri Lanka has signed a 44.76 billion yen (60.4 billion rupee) loan package with Japan for regional infrastructure develo...

July 10, 2017 1 min read

Sri Lanka loan disbursements reach 440mn up to April

Sri Lanka has drawn down $440.6 million from foreign loans in the first four months of 2017, up from $311.8 million a ye...

July 7, 2017 1 min read

Sri Lanka tax revenues up 25.6-pct up t April 2017

Sri Lanka's tax revenues rose 25.6 percent to 554.2 billion rupees in the first four months of 2017 from a year earlier,...

July 6, 2017 2 min read

Sri Lanka aims to raise public income to 16.5-pct of GDP by 2020

ECONOMYNEXT –Sri Lanka has begun preparations for the 2018 budget on a performance-based framework according to t...

July 5, 2017 2 min read

World Bank concerned over Sri Lanka external debt servicing

ECONOMYNEXT – The World Bank has drawn attention to a bunching up of foreign loan repayments in 2019, saying it i...

July 5, 2017 1 min read